Collaborations
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Senomyx is collaborating with leading global food, beverage, and ingredient supply companies to develop and commercialize our flavor ingredients. We have entered into exclusive or co-exclusive product discovery and development collaborations with Ajinomoto Co. Inc., Campbell Soup Company, Firmenich SA, Nestlé SA, PepsiCo, and Solae.
Senomyx has six Discovery & Development programs under which we conduct research and develop novel flavor ingredients: our Savory Enhancer, Sweet Enhancer, Salt Enhancer, Bitter Blocker, Cool Flavor, and High Potency Sweetener programs. Our collaborative agreements provide our partners exclusive or co-exclusive use of the flavor ingredients resulting from one or more of our Discovery & Development programs, in specific product categories and geographies. The exclusive nature of the agreements allows our partners to differentiate their products from those of their competitors. Senomyx retains rights to enter into license agreements with multiple other companies for the same flavor ingredients in non-competing product categories or geographies.
Our collaborators are responsible for manufacturing, marketing, selling, and distributing their foods, beverages, or ingredient supplies that include Senomyx ingredients. This arrangement allows Senomyx to benefit from our partners' prominent brand recognition, global market presence, established sales and distribution channels, and other industry-specific expertise.
Through our collaboration agreements, we have received and expect to continue to receive a combination of upfront license fee payments, research and development funding, and milestone payments. In addition, Senomyx will receive royalties from the sales of our collaborators' products that contain our flavor ingredients. These royalty payments will continue through the lifetime of patents covering the Senomyx ingredients incorporated into the products, allowing us to participate in the revenue generated as our collaborators sell their products, grow their sales, and establish new markets.
For more information please see Corporate Partnerships.
Senomyx has six Discovery & Development programs under which we conduct research and develop novel flavor ingredients: our Savory Enhancer, Sweet Enhancer, Salt Enhancer, Bitter Blocker, Cool Flavor, and High Potency Sweetener programs. Our collaborative agreements provide our partners exclusive or co-exclusive use of the flavor ingredients resulting from one or more of our Discovery & Development programs, in specific product categories and geographies. The exclusive nature of the agreements allows our partners to differentiate their products from those of their competitors. Senomyx retains rights to enter into license agreements with multiple other companies for the same flavor ingredients in non-competing product categories or geographies.
Our collaborators are responsible for manufacturing, marketing, selling, and distributing their foods, beverages, or ingredient supplies that include Senomyx ingredients. This arrangement allows Senomyx to benefit from our partners' prominent brand recognition, global market presence, established sales and distribution channels, and other industry-specific expertise.
Through our collaboration agreements, we have received and expect to continue to receive a combination of upfront license fee payments, research and development funding, and milestone payments. In addition, Senomyx will receive royalties from the sales of our collaborators' products that contain our flavor ingredients. These royalty payments will continue through the lifetime of patents covering the Senomyx ingredients incorporated into the products, allowing us to participate in the revenue generated as our collaborators sell their products, grow their sales, and establish new markets.
For more information please see Corporate Partnerships.
