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--- genentech [2023/07/12 00:18]
pamela [Spring 2001 American Heritage Magazine]
+++ genentech [2023/07/12 00:47] (current)
pamela
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 ===== Genentech =====
 {{::genentech_roche.png?400|}}
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 ==== Official History & Timeline 2002 capture ====
-Genentech was founded in 1976 by venture capitalist [[:Robert A. Swanson]] and biochemist Dr. [[:Herbert W. Boyer]]. In the early 1970s, Boyer and geneticist [[:Stanley Cohen]] pioneered a new scientific field called [[:recombinant DNA]] technology. Excited by the breakthrough, Swanson placed a call to Boyer and requested a meeting. Boyer agreed to give the young entrepreneur 10 minutes of his time. Swanson's enthusiasm for the technology and his faith in its commercial viability was contagious, and the meeting extended from 10 minutes to three hours; by its conclusion, Genentech was born.
+Genentech was founded in 1976 by venture capitalist [[:Robert A. Swanson]] and biochemist Dr. [[:Herbert W. Boyer]]. In the early 1970s, Boyer and geneticist [[:Stanley Cohen]] pioneered a new scientific field called [[:recombinant DNA]] technology.
+Excited by the breakthrough, Swanson placed a call to Boyer and requested a meeting. Boyer agreed to give the young entrepreneur 10 minutes of his time. Swanson's enthusiasm for the technology and his faith in its commercial viability was contagious, and the meeting extended from 10 minutes to three hours; by its conclusion, Genentech was born.
 Though Swanson and Boyer faced skepticism from both the academic and business communities, they forged ahead with their idea. Within a few short years, they had proved their detractors wrong and invented a whole new industry.
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+==== Funding Universe DuPuy Pharma Lineage ====
+: DePuy forms alliance with Genentech, Inc
+Key Dates:
+- Revra DePuy founds DePuy Manufacturing in Warsaw, Indiana.
+- Revra DePuy dies; his wife Winifred takes control of the company.
+- Winifred dies, and passes control of company to her second husband, Herschel Leiter; Herschel Leiter marries Amrette Webb Ailes.
+- Leiter dies.
+- Amrette Leiter marries Harry Hoopes; the couple run DePuy jointly.
+- A group of investors, led by Bill Weaver, purchases DePuy from the Hoopeses.
+- DePuy is acquired by Bio-Dynamics; DePuy enters hip replacement sector; DePuy purchases Kellogg Industries.
+- DePuy is acquired by Boehringer Mannheim Companies (owned by Corange Ltd.).
+- DePuy forms a partnership with E.I. [[:duPont]] de Niemours and Co.
+- Boehringer Mannheim purchases Charles F. Thackray Ltd.
+- DePuy forms alliance with [[:Genentech]], Inc.; DePuy acquires the Rotek Company.
+- DePuy enters into a joint venture with Biedermann Motech dubbed DePuy Motech.
+- Corange purchases ACE Medical Products and forms new company, DePuy ACE Medical Co.
+- DePuy acquires Landanger-Camus; Corange announces an IPO for DePuy.
+- Roche Holding Ltd. purchases Corange in a transaction that includes DePuy; DePuy acquires AcroMed Corp., thereby becoming the world's second largest spinal implant company; [[:Johnson & Johnson]] purchases DePuy from Roche.((https://web.archive.org/web/20060505075732/http://www.fundinguniverse.com/company-histories/DePuy-Inc-Company-History.html))