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South SF, Merger Timeline Thursday, November 27     Author
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Genentech rejects Roche's $43.7b bid
World News World Merger (36) USA (205) Bay Area Bay Area Merger (189) South SF (94) Business (37) Merger
2006 2005 2001
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Retention plan to cost $371 million
Aug.21
  Genentech: An employee retention plan announced along with its rejection of Roche's buyout offer will cost the biotechnology giant about $371 million
Aug.13
  Biotechnology giant rejected a buyout offer from its majority owner Roche but said it is open to a higher takeover bid
Jul.25 Panel to ponder Roche takeover offer
  Genentech: Genentech has set up a committee of independent directors to consider Swiss drugmaker offer to acquire all shares it does not already own

year 2006 Top ^

Nov.11 Genentech to acquire partner Tanox
  Genentech Inc. has agreed to its first acquisition ever - Tanox Inc., co-developer of the asthma medicine Xolair

year 2005 Top ^

Sep.23 Genentech Stops Enrolling Avastin Study
  The company stopped enrolling patients in a study due to greater occurrences of gastrointestinal perforations

year 2001 Top ^

Nov.19 Exelixis buys Genomica  Drug company to acquire biotech software company in a $110 million deal Aug.23 Eos Biotechnology to be acquired  Biotech startup will be acquired by Pharmocopeia Inc. in a deal worth $170 million.



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