Genentech, Inc. is an American biotechnology corporation headquartered in South San Francisco, California. It operates as an independent subsidiary of holding company Roche. Genentech Research and Early Development operates as an independent center within Roche.[5] Historically, the company is regarded as the world's first biotechnology company.[6]
As of July 2021, Genentech employed 13,539 people.[7]
History
The company was founded in 1976 by venture capitalist Robert A. Swanson and biochemist Herbert Boyer.[8]