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FDA Approves Actemra Arthritis Drug  Biotechnology company says the U.S. Food and Drug Administration has approved its new drug to treat rheumatoid arthritis FDA clears drug for kidney cancer  Food and Drug Administration approved its cancer treatment Avastin for a new use, marking the sixth approval for the blockbuster drug Axe falls at Genentech
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FDA Approves Actemra Arthritis Drug
Jan.9
  Biotechnology company says the U.S. Food and Drug Administration has approved its new drug to treat rheumatoid arthritis

year 2009 Top ^

Aug.2 FDA clears drug for kidney cancer
  Food and Drug Administration approved its cancer treatment Avastin for a new use, marking the sixth approval for the blockbuster drug
Jul.9 Axe falls at Genentech  Anxiety rippled through Genentech as Roche began to cut rank-and-file jobs as it folds the South SF biotech firm into its global operations Apr.15 Big leadership changes at Genentech  Roche named a member of its inner circle as chief executive of Genentech, replacing Arthur Levinson Apr.8 Drug Raptiva pulled from market  The unit of drugmaker Roch is pulling the psoriasis treatment Raptiva off the U.S. market because of links to an often fatal brain infection Mar.26 Roche completes purchase of Genentech  Swiss drugmaker completed its acquisition of biotechnology pioneer by sweeping up enough shares through an offer to gain ownership of 93% Mar.19 Roche touts Herceptin in stomach cancers  A leading Genentech breast cancer drug also prolongs patient survival in certain forms of stomach cancer Mar.12 Roche to take over Genentech for $47B
  Swiss giant agreed to buy the 44% of biotech pioneer that it doesn't already own, ending a long corporate struggle
 The $95-per-share deal brings Roche all of the sales of cancer drugs as well as its promising research pipeline. The deal offers $95 per share for the 44 percent of Genentech that Roche Holding AG doesn't already own
Mar.9 Roche-Genentech deal called close  Roche is reportedly willing to pay Genentech $95 a share, up from the $93, in what would be a $46.7 billion deal Mar.6 Roche raises bid for Genentech  Swiss drugmaker increased its offer to $93 per share. Genentech shares shot up to $90.05, gaining $8.41 or 10 percent Mar.3 Genentech replies to hostile Roche bid  Genentech's management fired off figures about its future growth to persuade investors and analysts that the Swiss drug giant is selling it ... Feb.9 Roche launches $86.50-a-share bid  Swiss drugmaker officially launched its $42 billion hostile offer for the 44% of Genentech Inc. it doesn't already own Feb.6 Roche CEO: Offer for Genentech fair deal Jan.30 Roche revives takeover bid of Genentech  Swiss drugmaker, frustrated by stalled negotiations, plans a hostile takeover at a lower price than the $89 per share rejected in August

year 2008 Top ^

Nov.18 Avastin linked to higher risk of clots  A team of university researchers: Blockbuster cancer drug is linked to a significantly increased risk of blood clots in the veins Aug.21 Retention plan to cost $371 million Aug.17 Recruiters eye Genentech employees Aug.13 Genentech rejects Roche's $43.7b bid  Biotechnology giant rejected a buyout offer from its majority owner Roche but said it is open to a higher takeover bid Jul.31 Shareholders sue to halt Roche buyout Jul.25 Panel to ponder Roche takeover offer Jul.21 Roche Offers $44B For Remaining Shares  Roche Holding, which already owns 55.9%, was offering $43.7 billion to take over the remaining shares of Genentech Apr.30 Bad news on cancer drug Rituxan  Shares in Genentech sagged, after the company said Rituxan failed to curb symptoms of the debilitating autoimmune disorder Apr.24 Court slashes $200 million from judgment  The company has been ordered to pay $500 million to a Southern California hospital for failing to pay royalties Feb.22 FDA Clears Avastin for Breast Cancer
  A Genentech drug received federal approval, a surprise decision
Jan.14 4Q Profit Rises 6 Percent

year 2007 Top ^

Dec.5 FDA Panel Rejects Avastin, stock drops  Shares dropped nearly 9% after a panel of medical experts said FDA should deny approval of the company's blockbuster drug Oct.16 3Q Profit Up 21 % On Cancer Drug Sales Jan.10 4Q Earnings Soar 75%

year 2006 Top ^

Nov.11 Genentech to acquire partner Tanox Aug.12 Cancer drug review extended Jul.31 Tony Blair Visits Genentech Headquarters  Heavy hitters from biotech firms sat down for an extraordinary talk with British Prime Minister Jul.11 2Q Profit Soars to $531 Million Jul.1 FDA approves blindness drug Apr.12 Profit climbs by 48% in first quarter Feb.13 Cancer Drug Trials Scaled Back  Avastin only targets cancer, and leaves healthy cells alone Jan.11 Up 64% in quarter after good year

year 2005 Top ^

Jul.11 Profits Soar 73% in 2Q Apr.16 Avastin helps those with breast cancer Apr.12 Biotech giant's profit up 61% Jan.10 Profit surges, misses expectations by 1c 4th best place to work for in U.S.

year 2004 Top ^

Nov.29 Avastin helps sickest patients Oct.6 Profits surge on drug sales Apr.7 Profits surge on brisk cancer drug sales Feb.26 FDA approves cancer fighter Avastin Jan.14 Profits surge on strong drug sales

year 2003 Top ^

Oct.8 Biotech titan posts higher profits Aug.15  Firm: Genentech refuses to share profits May.19 Encouraging results with cancer drug
  Avastin extended the lives of some of the colon cancer patients. Company's stock soaring nearly 45%
May.12 Arthritis drug fails key experiment May.9 Janitors will get health insurance

year 2002 Top ^

Sep.10  Stock plummets 9.7% Sep.7  Big patent win vs. Chiron

year 2001 Top ^

Oct.11  $400 million suit against Genentech