SAN DIEGO--(BUSINESS WIRE)--Senomyx, Inc. (NASDAQ:SNMX), a company focused on using proprietary taste receptor-based assays to discover novel flavor ingredients for the food, beverage, and ingredient supply industries, today reported financial results for the quarter and year ended December 31, 2007. Revenues for the fourth quarter of 2007 were $6.4 million, compared to $3.4 million for the same period in 2006, an increase of 87%. Revenues for the full year were $18.2 million, compared to $12.2 million for 2006, an increase of 49%. Net cash used in operating activities was $12.4 million, and the year-end cash balance was $62.6 million.
