Earlier in the year, Firmenich made a decision to proceed with commercial development of S6973 for virtually all food product categories and in select powdered beverages.
The amended agreement provides Firmenich with an exclusive worldwide license for commercialisation of S6973 for use in instant and ready-to-drink milk, tea and coffee beverages, and also converts Firmenich’s licence for use of S6973 in powdered beverages from co-exclusive to exclusive.
In return, Senomyx will receive an additional licence fee, incremental milestone payments and minimum annual royalties, as well as royalties on sales of S6973 for use in the additional product categories.
S6973 is a unique enhancer of sucrose that has demonstrated the ability to reduce up to 50% of the sucrose in a variety of products, while maintaining the taste of natural sugar.
Source: Senomyx
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