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genentech [2023/07/12 00:40]
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genentech [2023/07/12 00:47] (current)
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 ==== Official History & Timeline 2002 capture ==== ==== 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.  
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 +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. 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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