Transcript Slide 1

SNMX FACT SHEET
Sensing the Future Through Innovation
Utilizing Taste Science Innovations to Discover & Develop Novel Flavor Ingredients for
the Global Food & Beverage Industry
About Senomyx
Senomyx uses proprietary technologies to discover & develop new flavor ingredients that provide
nutritional and/or cost benefits while maintaining the taste desired by consumers. We have
collaborations with global food, beverage, and ingredient supply companies, some of which are
marketing products that contain flavor ingredients discovered and developed by Senomyx.
Innovative
Technologies
Senomyx pioneered the use of robotic screening methods for the discovery of new
flavor ingredients.
Senomyx’s high-throughput screening systems perform millions of analyses each year, searching
our extensive sample libraries to identify potential new flavor ingredients. Results are confirmed
in taste tests with trained panelists.
Our intellectual property portfolio has 345 issued and several hundred pending patents re. taste
receptor sequences / functions, screening assays, ingredients, & product applications (9/30/12).
Flavor Programs
Senomyx is building a product pipeline of proprietary flavor ingredients that address
the needs of the food & beverage industry.
KEY CORPORATE MILESTONES
Savory Taste Program – Reduce or replace added MSG in foods and beverages; create new
savory ingredient blends
Senomyx Savory Flavor Ingredients are being marketed by Nestlé and/or another partner in
25 countries within Africa, Asia, Latin America, the Middle East, and North America.
S9229 & S5456, two new Savory Flavor Ingredients, have received Generally Recognized As
Safe (GRAS) regulatory status, which expands Senomyx’s offerings & market opportunities.
Sweet Taste Program – Reduce added sugar or other sweeteners in foods and beverages;
decrease product calories; potential cost savings & improved taste.
S6973 Sucrose Modifier enables up to 50% reduction of sucrose (table sugar) in foods &
selected beverages. Firmenich is marketing in the Americas, SE Asia, Africa, & Australia.
S2383 Sucralose Modifier enables up to 75% reduction of the artificial sweetener sucralose.
Firmenich is marketing S2383 for foods & beverages in North America & Latin America.
S9632 New Sucrose Modifier enables up to 50% reduction of sucrose in a wide variety of
foods and a broad range of beverages. Received GRAS designation September 2012.
S52617 (S617) New High Fructose Corn Syrup (HFCS) & Sucrose Modifier enables a very
meaningful reduction of both HFCS and sucrose in product prototypes while maintaining the
desired sweetness. The preliminary development phase was initiated in 3Q12.
Natural High-Potency Sweeteners & Sweet Taste Modifiers are a new discovery effort.
natural compound with a sweet taste was identified, an important taste-proof-of-concept.
A
Bitter Blockers Program – Improve palatability of foods & beverages
S6821 & S7958 Bitter Blockers have GRAS & international regulatory approvals; reduce
bitterness in foods & beverages, e.g., soy & whey proteins, menthol, caffeine, cocoa, stevia.
A Senomyx partner initiated market launch of a retail product containing S6821 in a
Southeast Asian country.
 Salt Taste Program – Reduce added salt in foods & beverages; improve the nutritional
profile of high-sodium products
Senomyx is exploring the role of proteins believed to be involved in salt taste perception.
Cooling Taste Program - Create Cooling Flavors without the limitations of current agents
New Cooling Agents are being evaluated by Senomyx and Firmenich.
NASDAQ: SNMX
Q1 2013
www.senomyx.com
Industry Challenges
Senomyx Advantages
Health Concerns / Social & Legislative Issues
Improve Nutritional Profile of Foods & Beverages
Need Innovative Products
Exclusivity Provides Competitive Advantages for
Partners
Cost Pressures
Decrease / Control Partners’ COGS
Taste Cannot be Diminished
Maintain / Enhance Taste
Recent Updates
• A Senomyx partner initiated
the first market launch of a
retail product containing the
Company’s S6821 Bitter
Blocker
Collaborations Senomyx intends to maximize the revenue potential
Business
from our flavor ingredients by entering into
Model
collaborations with leading food, beverage, and
ingredient supply companies.
Senomyx’s collaborators are granted exclusive or coexclusive use of the flavor ingredients resulting from one
of our flavor programs, in specific product categories and
geographies.
The collaborators are responsible for
manufacturing, sales, and marketing.
Senomyx has
received upfront payments, R&D funding, license fees,
milestone payments, and royalties from the sales of our
collaborators' products that contain our flavor ingredients.
• Received GRAS regulatory
status for S9632 sucrose
modifier
• Development phase activities
initiated for S52617 (S617),
Senomyx’s first modifier for
both HFCS & sucrose
• New international regulatory
approvals open additional
markets for modifiers of
sucrose (S6973) & sucralose
(S2383); Bitter Blockers
S6821 & S7958
• New market introductions by
Senomyx partners of S6973
(sucrose), S2383 (sucralose)
modifiers & Senomyx Savory
Flavors
Collaborators currently marketing products that contain
flavor ingredients discovered by Senomyx are Ajinomoto
Co. Inc., Firmenich SA, and Nestlé SA.
Financial
Summary
(As of 9/30/12)
• Cash Balance = approx. $44.7 mm
• No debt
• No warrants
• Royalty payments by collaborators through patent life
• 40.1 mm Shares Outstanding (10/31/12)
Senior
Management
Kent Snyder - Chief Executive Officer and Chairman of
the Board of Directors
John Poyhonen - President and Chief Operating Officer
Sharon Wicker - Senior Vice President and Chief
Commercial Development Officer
Donald Karanewsky, Ph.D. - Senior Vice President and
Chief Scientific Officer
David Berger – Senior Vice President, General Counsel
and Corporate Secretary
Susan Melody - Vice President, Human Resources
David Linemeyer, Ph.D. - Vice President, Biology
Lorenzo Peña - Vice President, Information Technology
Tony Rogers – Senior Vice President & CFO
Gwen Rosenberg - Vice President, Investor Relations &
Corporate Communications
Contact for
Investors &
Media
Gwen Rosenberg
Vice President, Investor Relations & Corporate
Communications
(858) 646-8369, [email protected]
Company Highlights
• Multiple flavor programs
• World-class collaborators
• Deep pipeline of potential new
flavor ingredients
• Strong IP position
• Strong financial position
• Significant leverage
opportunities
• No COGs, marketing, or
manufacturing costs
Please visit Senomyx Cares, www.senomyx-csrblog.com
Forward Looking Statement -Statements in this summary that are not strictly historical are forward-looking statements and involve a high degree of risk and uncertainty. The
Company’s actual results may differ materially from those suggested herein. Additional information concerning factors that could cause such difference is contained in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2011 and its Quarterly Reports on Form 10-Q.
NASDAQ: SNMX
Q1 2013
www.senomyx.com