Senomyx, Inc. And The Coca-Cola Company Execute Term Sheet Regarding The Potential Continuation And Expansion Of Their Flavor Technology Collaboration

SAN DIEGO--(BUSINESS WIRE)--April 26, 2010--Senomyx, Inc. (NASDAQ: SNMX), a leading company focused on using proprietary technologies to discover and develop novel flavor ingredients for the food, beverage, and ingredient supply industries, announced today that it has signed a term sheet with The Coca-Cola Company, the world’s largest beverage company. This term sheet includes key commercial and financial terms for the potential continuation and expansion of a collaborative research program related to the discovery and commercialization of new flavor ingredients resulting from Senomyx’s sweet taste technology. The two companies have been collaborating in the field of non-alcoholic beverages since April 2002.

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