Genentech, every mention
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every year anyone David Rosenthal 16Ben Gilbert 4
Verbatim, from the transcripts: the passages where Genentech comes up
Microsoft Volume I: The Complete History and Strategy of founding through Windows 95 (Audio) · Acquired
- ▶ 2:03:43 David Rosenthal Remember we talked about Genentech on the Novo Nordisk episode.
- ▶ 2:03:46 David Rosenthal They went public like right before Apple, and then Apple was bigger.
Hermès (Audio) · Acquired
- ▶ 2:51:24 David Rosenthal There are also researchers speaking from OpenAI, Meta, Google, DeepMind, Microsoft, Ford, Genentech, Disney, National Labs, and more.
Novo Nordisk (Ozempic) · Acquired
- ▶ 1:09:23 Ben Gilbert Yes, Genentech.
- ▶ 1:09:25 David Rosenthal Two, Genentech happened.
- ▶ 1:09:29 David Rosenthal Which totally revolutionized everything, launched
- ▶ 1:09:49 David Rosenthal Yeah, was a co-founder of the company.
- ▶ 1:10:32 Ben Gilbert But what you may not know is ServiceNow is also an incredible Silicon Valley startup story that ranks right up there with Google, Facebook, NVIDIA, Genentech as one of the best venture investments of all time.
- ▶ 1:13:54 Ben Gilbert And at this point in time, we are still using pigs and cows to harvest pancreases and their islets and their extracts in order to make insulin, even with this incredibly refined process, until Genentech.
- ▶ 1:14:45 David Rosenthal And then in 1980, Genentech and Eli Lilly, as their partner, changed everything with recombinant DNA and genetic engineering of drugs.
- ▶ 1:15:14 Ben Gilbert It was the founding first application of the idea that Genentech had of commercializing recombinant DNA.
- ▶ 1:16:14 David Rosenthal So, in 1980, which is when Genentech and Eli Lilly announce their partnership together that Eli Lilly is gonna be the go-to-market partner for Genentech's new recombinant DNA bioengineering revolution, and they're gonna make human insulin.
- ▶ 1:16:50 David Rosenthal Ah, we had the chance to work with Genentech.
- ▶ 1:16:52 David Rosenthal Genentech had actually approached them about being a partner in Europe.
- ▶ 1:17:59 David Rosenthal So, when the Genentech and Eli Lilly announcement happened in 1980, I mean,
- ▶ 1:18:30 David Rosenthal So Genentech goes public in the fall of 1980.
- ▶ 1:18:34 David Rosenthal This is well before Humulin, you know, the product that they create with Eli Lilly comes on the market.
- ▶ 1:18:41 David Rosenthal They go public and it is, I believe the largest venture backed IPO ever at that time.
- ▶ 2:56:22 David Rosenthal And really this model all started going back to Genentech and Eli Lilly.
- ▶ 2:56:26 David Rosenthal Genentech ended up getting acquired by Roche, but it was that partnership of Eli Lilly being the go-to-market for Genentech in insulin that started this whole, you know, startup big pharma partnership.