The initial investment in Genentech, Herbert Boyere
Interviewee: Herbert Boyer. Herb Boyer reflects on his initial investment in Genentech. (DNAi Location: Manipulation > Production > Players > Herbert Boyer > The investment)
When we were going to incorporate we had to estimate what our investment was, so you know, we had put a lot of time thinking about it, writing proposals, so we had X-number of hours. But in terms of a cash investment Bob said well you know, maybe we'll put up ten, fifteen thousand dollars. I said you're crazy, you know, I don't have a, you know, I'm operating on a shoestring here as it is. And so he finally says well five hundred and a lot of blood, sweat and tears will get us through. So I had to borrow money on my American Express card for my initial investment in the company.
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In 1980, Genentech became the first publicly traded biotech company. David Goeddel talks about his investment.
Herb Boyer talks about how the first biotech company got its name.
Herb Boyer talks about the fateful meeting, which led to the establishment of the first biotech company.
Tour of Genentech by David Ebersman
Stanley Cohen talks about the challenge of isolating and studying individual genes.
Herb Boyer talks about his and Bob Swanson's vision on combining the best of academia, industry and business.
Herbert Boyer, cofounder of Genentech, Inc.
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Biotech pioneer Herb Boyer recounts how he felt at the Asilomar meeting.
Herb Boyer and Stan Cohen "invented" recombinant DNA technology.