date:Mar 12, 2014
man Aurora Gonzalez told Reuters.
PepsiCo has exclusive rights to use Sweetmyx worldwide in all non-alcoholic beverages.
PepsiCo Chief Executive Indra Nooyi has expressed in the past the need for a new, more natural, low-calorie sweetener.
Senomyx shares have more than tripled in value in the past year as investors pinned hopes on the sweetener enhancer.
Janney Capital analyst Jonathan Feeney said Senomyx's prospects are still undervalued based on its improved commercial stance and significa