SAN DIEGO, April 30 /PRNewswire-FirstCall/ -- Senomyx, Inc. (NASDAQ:SNMX), a leading company focused on using proprietary technologies to discover and develop novel flavor ingredients for the packaged food and beverage industry, announced today the appointment of Albert Zlotnik, Ph.D., to the position of Vice President, Biology. Dr. Zlotnik is an internationally recognized molecular biologist with more than twenty years of experience in both academic science and the biotechnology industry.
"Albert is a highly innovative scientist experienced in the molecular characterization of human proteins involved in a variety of biological processes including taste," said Mark J. Zoller, Ph.D., Executive Vice President of Discovery and Development and Chief Scientific Officer at Senomyx. "He is an inventor on numerous patents and is a co-author on more than 170 scientific publications. Albert's expertise in the use of new technologies to expedite the discovery of novel compounds will be a valuable asset for Senomyx's biology research efforts." "During the past few months Senomyx has expanded our scientific activities to five Discovery and Development programs and entered into two new collaborations," noted Kent Snyder, President and Chief Executive Officer of the Company. "The addition of Albert to Senomyx's management team will strengthen our position as a leader in the science of human taste, and will help us move forward as we work to create new flavor ingredients that meet the needs of our collaborators." About Senomyx, Inc. (http://www.senomyx.com/) Senomyx is a leading company focused on using proprietary taste receptor-based assays, screening technologies and optimization chemistry to discover and develop novel flavors, flavor enhancers and taste modulators for the packaged food and beverage industry. Senomyx's current programs focus on the development of flavor ingredients in the savory, sweet, salt and bitter areas. Senomyx has entered into product discovery and development collaborations with seven of the world's leading packaged food and beverage companies: Ajinomoto Co., Inc., Cadbury Schweppes, Campbell Soup Company, The Coca-Cola Company, Kraft Foods Global, Inc., Nestle SA, and Solae, LLC.
Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding Senomyx's ability to discover novel compounds and create new flavor ingredients that are beneficial to our collaborators. Risks that contribute to the uncertain nature of the forward-looking statements include: Senomyx is dependent on its product discovery and development collaborators for all of Senomyx's revenue; Senomyx is dependent on its current and any future product discovery and development collaborators to develop and commercialize any flavor ingredients Senomyx may discover; Senomyx may be unable to develop flavor ingredients useful for formulation into products; Senomyx or its collaborators may be unable to obtain and maintain the regulatory approval required for flavor ingredients to be incorporated into products that are sold; even if Senomyx or its collaborators receive a regulatory approval and incorporate Senomyx flavor ingredients into products, those products may never be commercially successful; and Senomyx's ability to compete in the flavor ingredients market may decline if Senomyx does not adequately protect its proprietary technologies. These and other risks and uncertainties are described more fully in Senomyx's most recently filed SEC documents, including its Annual Report on Form 10-K, under the headings "Risks Related to Our Business" and "Risks Related to Our Industry." All forward-looking statements contained in this press release speak only as of the date on which they were made. Senomyx undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Contact:
Gwen Rosenberg
Senomyx, Inc. Vice President, Investor Relations & Corporate Communications
858-646-8369
http://www.newscom.com/cgi-bin/prnh/20061009/LAM095LOGO DATASOURCE: Senomyx, Inc.
CONTACT: Gwen Rosenberg of Senomyx, Inc., Vice President, Investor Relations & Corporate Communications, +1-858-646-8369, Web site: http://www.senomyx.com/
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