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Founded more than 35 years ago, Genentech is a leading biotechnology company that discovers, develops, manufactures and commercializes medicines to treat patients with serious or life-threatening medical conditions. The company, a member of the Roche Group, has headquarters in South San Francisco, California. The information below is current as of September 2011. Founders and Date of Incorporation Venture capitalist Robert Swanson and biochemist Dr. Herbert Boyer founded Genentech on April 7, 1976. Employees Number of Full-Time Employees: ~11,600 The company has consistently been recognized as a top employer by such publications as FORTUNE, Science and Working Mother. In January 2011, FORTUNE named Genentech to its list of the "100 Best Companies to Work For" in the United States for the 13th consecutive year. Research Genentech conducts basic and applied research in the areas of in Oncology, Immunology, Metabolism, Neuroscience, and Infectious Disease. Genentech's approximately 1,100 researchers and scientists and 125 postdocs consistently publish important papers in prestigious journals and are among the total citations. Pipeline Genentech's development pipeline continues to grow, with multiple promising projects in the following therapeutic focus areas: Oncology, Immunology, Metabolism, Neuroscience, and Infectious Disease. The pipeline includes both breakthrough innovations and new indications for existing, well-understood products that may fight more than one disease or more than one form of a disease. Key Products Since the company was founded in 1976, Genentech has focused its drug discovery efforts on medicines that address significant unmet medical needs. Today Genentech has multiple products on the market for serious or life-threatening medical conditions. In March 2009, Genentech became a member of the Roche Group, and Genentech now serves as the headquarters for all Roche pharmaceutical operations in the United States. Accordingly, the list below includes products which were previously marketed as Roche products that are now being marketed by Genentech in the United States. BioOncology
Avastin® (bevacizumab) Immunology and Ophthalmology
ACTEMRA® (tocilizumab) Metabolism & Primary Care
Activase® (Alteplase) Virology & Specialty Care
CellCept® (mycophenolate mofetil) Other Products
Anaprox® (naproxen sodium) About Genentech Access Solutions Genentech is committed to people having access to our medicines. Genentech Access Solutions is a team of 350 Genentech employees who help those who need Genentech medicines. This team works with patients and doctors to resolve reimbursement and insurance issues and provides assistance to eligible patients in the United States who do not have insurance coverage or who cannot afford their out-of-pocket co-pay costs. Since its first medicine was approved in 1985, Genentech has donated approximately $2.3 billion in free Genentech medicine to the uninsured through the Genentech® Access to Care Foundation (GATCF) and other product donation programs. The household income limit to receive free medicine through GATCF is $100,000 per year. Since 2005, Genentech has also donated approximately $550 million to various independent, non-profit organizations that provide financial assistance to those who cannot access needed medical treatment due to co-pay costs. |
