Form 8-K SENOMYX INC For: Jan 22
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Senomyx (SNMX), PepsiCo (PEP) Enter Amended Salt-Taste Program
January 23, 2015 6:09 AM ESTOn January 22, 2015, Senomyx (Nasdaq: SNMX) and PepsiCo, Inc. (NYSE: PEP) executed an amendment to the collaborative research agreement dated April 8, 2014 related to Senomyxs Salt-Taste Program. Under the terms of the original agreement, PepsiCo agreed to... More
Senomyx (SNMX) Implements Restructuring; Plans 14% Headcount Reduction
January 23, 2015 6:05 AM ESTOn January 22, 2015, Senomyx, Inc. (Nasdaq: SNMX)(the "Company") implemented a restructuring plan (the Plan) designed to improve operating efficiencies. Under the Plan, the Company expects to reduce the Companys work force by approximately14 percent, or 16 full-time equivalent employees. The Company expects to substantially complete the Plan in the first quarter of 2015.
In connection with the Plan, the Company will focus its research and development efforts on sweet taste modifiers, natural high intensity sweeteners, and flavors improving... More
