Genentech: The Beginnings of Biotech PDF

Rating: Author: Sally Smith Hughes ISBN : Product Detai New from Format: PDF

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In the fall of 1980, Genentech, Inc., a little-known California genetic engineering company, became the overnight darling of Wall Street, raising over $38 million in its initial public stock offering. Lacking marketed products or substantial profit, the firm nonetheless saw its share price escalate from $35 to $89 in the first few minutes of trading, at that point the largest gain in stock market history. Coming at a time of economic recession and declining technological competitiveness in the United States, the event provoked banner headlines and ignited a period of speculative frenzy over biotechnology as a revolutionary means for creating new and better kinds of pharmaceuticals, untold profit, and a possible solution to national economic malaise.

 

Drawing from an unparalleled collection of interviews with early biotech players, Sally Smith Hughes offers the first book-length history of this pioneering company, depicting Genentech’s improbable creation, precarious youth, and ascent to immense prosperity. Hughes provides intimate portraits of the people significant to Genentech’s science and business, including cofounders Herbert Boyer and Robert Swanson, and in doing so sheds new light on how personality affects the growth of science. By placing Genentech’s founders, followers, opponents, victims, and beneficiaries in context, Hughes also demonstrates how science interacts with commercial and legal interests and university research, and with government regulation, venture capital, and commercial profits.

 

Integrating the scientific, the corporate, the contextual, and the personal, Genentech tells the story of biotechnology as it is not often told, as a risky and improbable entrepreneurial venture that had to overcome a number of powerful forces working against it.  

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• Product Details
• Table of Contents
• Reviews

• File Size: 1374 KB
• Print Length: 232 pages
• Publisher: University of Chicago Press; Reprint edition (September 21, 2011)
• Sold by: Amazon Digital Services, Inc.
• Language: English
• ASIN: B00629MDKI
• Text-to-Speech: Enabled
• X-Ray:
  Not Enabled
• Lending: Enabled
• Amazon Best Sellers Rank: #69,306 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
  • #11 in Kindle Store > Kindle eBooks > Nonfiction > Science > Biological Sciences > Biotechnology
  • #11 in Kindle Store > Kindle eBooks > Nonfiction > Professional & Technical > Professional Science > Biological Sciences > Biotechnology
  • #27 in Books > Medical Books > Basic Sciences > Biotechnology
• #11 in Kindle Store > Kindle eBooks > Nonfiction > Science > Biological Sciences > Biotechnology
• #11 in Kindle Store > Kindle eBooks > Nonfiction > Professional & Technical > Professional Science > Biological Sciences > Biotechnology
• #27 in Books > Medical Books > Basic Sciences > Biotechnology

Genentech: The Beginnings of Biotech PDF

As a PhD student looking to enter into biotech in the not to distant future, I decided it would be worth my while to learn more about the field I was aspiring to be a part of. After finishing "Genentech", I was amazed by how little I actually knew about the incredibly rich history of the biotech industry. Hughes tells a fascinating story about the birth of biotech through the lens of Genentech. The story was both incredibly thorough and at times read like a fast paced fiction novel. Detaining the unlikely events that ultimately led to the largest IPO in history at the time, "Genentech" pieces together what happens when scientists and venture capitalists realize they can literally change the world. This book is well worth the read for anyone interested in healthcare, science, entrepreneurship, government regulation, or history in general.

By InsertNeologism

Genentech is the first genuine biologics. So to read the Genentech's story is to learning about the history of bio industry.

By Alex Park