Senomyx (NASDAQ:SNMX) discovers and develops innovative flavor ingredients for the food and beverage industry. One of the company's most promising products, Sweetmyx (formerly S617), can be used to effectively reduce sugar consumption in carbonated drinks while still maintaining a natural sugar taste. The company has a total of 13 flavor enhancing ingredients which have been validated through several partnerships as well as regulatory approvals. Senomyx is in an excellent position to continuously take advantage of the ever-growing global trend towards health and wellness, while saving its customers money by reducing the costs of the raw material inputs.
So why is the chairman selling?
It is always a bit alarming as a shareholder when you see headlines stating that...
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