SAN DIEGO--(BUSINESS WIRE)--Mar. 3, 2011--Senomyx, Inc. (NASDAQ:SNMX), a company focused on using proprietary taste receptor-based technologies to discover novel flavor ingredients for the food, beverage, and ingredient supply industries, today provided a corporate update and reported financial results for the fourth quarter and year ended December 31, 2010. Revenues were $28.7 million for the full year 2010, an 85% increase compared to 2009. As of December 31, 2010, the Company had cash, cash equivalents, and short term investments of more than $71 million, an increase of over $40 million compared to December 31, 2009.