Question-and-Answer Session
Operator
(Operator instructions) Our first question will come from the line of Dalton Chandler of Needham & Company. You may proceed.
Dalton Chandler – Needham & Company
Good morning.
Kent Snyder
Hi, Dalton.
Dalton Chandler – Needham & Company
Hi you're getting very close to commercialization in a number of different areas. I was wondering if you could talk about, say by the end of 2010, how many commercial products you think you could have and if possible how many of those would you expect to be new products with reformulated products and across how many of your different development programs?
Kent Snyder
Dalton, let me take a shot at answering at least part of that question. In terms of the number of enhancers that might be commercialized from Senomyx I think it is difficult to say, you know obviously our savory enhancer S3336 is being commercialized and we expect that to – additional products to be launched over the coming months with that particular savor enhancer. With S2383, as we mentioned during the call, we would expect merchandising activity (inaudible) working with Firmenich to begin in 2000 – in the last quarter of 2009 with first revenue recognized sometime early 2010. So, we would anticipate that we might see products with that particular enhancer come out sometime in the time frame as well. Beyond that with our sucralose enhancer as we mentioned, we are targeting perhaps regulatory approval, sometimes during the first quarter of 2010. I think it would premature to project when you take commercial product using that enhanced. So it is difficult to say in a terms for the number of actual products that would be introduced by our collaborators it is very, very difficult to say at this point in time. Obviously we're looking forward to additional launches from Nestlé and Ajinomoto on the savory enhancer, but beyond that I think it is too early to project what might occur with the sucralose enhancer or with the sucrose enhancer.
Dalton Chandler – Needham & Company
Okay. With regard to Nestle, you mentioned you do expect them to launch a new formulated product this year, but you haven't had a breakthrough – the regulatory breakthrough in Europe yet. So, they are looking to launch you from the products in other markets, is that it?
Kent Snyder
Well, as we mentioned in the past, we are working with the terms in less than a day and with reformulating established brands in terms of the testing that they do and planning consumer testing and I think all we can say at this point in time is that there is a number of established brands that they are working on and that we would expect to see some of those more established products we launched later this year, but beyond that due to competitive reasons we are not building on a liberty to provide much more detail in that and then with Ajinomoto we are, as we mentioned they're going through the commercialization process, but it is somewhat to early to say what the timeline might be and do the confidentiality restrictions, we really can't say much more than that.
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