Best Practices: Genentech

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Issue:

Business

 

Written by:

Rodney M

 

Date added:

December 30, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1718

 

Was viewed:

5615 times

 

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Essay content:

Because of factors that include culture, perks, employee stock ownership and focus on the patient, Genetech even clinched the top spot in 2006. Genentech was founded in 1976 by the late venture capitalist Robert A. Swanson and biochemist Dr. Herbert W. Boyer. According to the Genentech company website, in the early 1970s Boyer and geneticist Stanley Cohen pioneered a new scientific field called recombinant DNA technology...
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Upon learning about this development, Swanson placed a call to Boyer and requested a meeting (Genentech, 2008). Boyer agreed to give the young entrepreneur 10 minutes of his time. Swanson's enthusiasm for the technology and his faith in its commercial potential were contagious, and the meeting extended from 10 minutes to three hours; by its conclusion, Genentech was born (Genentech, 2008)...
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