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Paperback Genentech: The Beginnings of Biotech Book

ISBN: 022604551X

ISBN13: 9780226045511

Genentech: The Beginnings of Biotech

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Format: Paperback

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Book Overview

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...

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