Thursday, Feb 28, 1985

Genentech Plans To File For Public Offering

South San Francisco, Calif. -- February 28, 1985 --

Genentech, Inc. announced today it plans shortly to file a registration statement with the Securities and Exchange Commission covering the primary public offering by the company of 1,000,000 shares of its common stock. Genentech's stock is traded in the NASDAQ National Market System under the symbol GENE. The company anticipates using the proceeds for capital expenditures and additions to working capital.

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