Sunday, April 27, 2008

Genentech


About 30 years ago, Robert Swanson and Dr. Herbert Boyer were advancing on the new field of recombinant DNA technology. Both saw that this could be a way to help many people and started their own biotechnology company, Genentech. This corporation is thought to be the beginning of businesses that help others through biology. Their main way of creating products is by splicing genes and inserting them into fast-breeding bacteria. Genentech has also produced the first human protein through the bacteria E. Coli and successfully cloned human insulin. Along with this, they have created products that help anybody that has any sort of deficiency. Today, Genentech is still one of the top biotech companies that market to everybody.

This company has also won its fair share of awards, such as: MedAdNews' World's Most Admired Biotech Company Companies List, Barron's List of "World's Most Respected Companies", The Annual Helix Award at the BIO 2006 International Conference, BusinessWeek's "100 Most Innovative Companies" List, and a bunch more. Genentech's standards for itself are very high and they are interested in helping anyone who has an unmet medical need. One of their main goals is to become an entrepreneur in helping and improving the treatment of patients with cancer, immunological diseases, and angiogenic disorders. They are always looking for a better way to help the medicine world, right now they have over 100 projects in experiement. Although this company has only been functioning for about 30 years, I think in that short period of time they have managed to complete way more than they thought was possible. Genentech's wise sense of what people need helps them provide to the community in the best way they possibily can.






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