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South San Francisco, 2008 Timeline Saturday, April 21 Bookmark and Share     Author
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Recruiters eye Genentech employees  While Roche mulls whether to raise its offer price for biotechnology powerhouse, many prized Genentech professionals Retention plan to cost $371 million  An employee retention plan announced along with its rejection of Roche's buyout offer will cost the biotechnology giant about $371 million Cell Genesys Drug Trial Halts
World News (12) USA (335) California (187) Bay Area (11) San Francisco (2214) North San Mateo County (177) South SF (135) 2008
Business (18) Genentech (71) Politics (1) Science & Education (3) Crime (3) Accidents (2)
South SF, January 2008 South SF, February 2008 South SF, March 2008 South SF, April 2008 South SF, May 2008 South SF, June 2008 South SF, July 2008 South SF, August 2008 South SF, September 2008 South SF, October 2008 South SF, November 2008 South SF, December 2008
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Avastin (14)   Genentech, 2008   U.S. in February, 2008 (94)   Roche (16)   Cell Genesys (3)
Court slashes $200 million from judgment  The company has been ordered to pay $500 million to a Southern California hospital for failing to pay royalties Man Robbed Near ATM    94080: The victim had withdrawn money, when the suspect approached the victim, brandished a black gun and demanded money Bad news on cancer drug Rituxan  Shares in Genentech sagged, after the company said Rituxan failed to curb symptoms of the debilitating autoimmune disorder Worker crushed at asphalt plant  The death of Tony Ponce, 37, was likely an accident caused when a co-worker inadvertently turned on the machine at the Graniterock plant Roche Offers $44B For Remaining Shares  Roche Holding, which already owns 55.9%, was offering $43.7 billion to take over the remaining shares of Genentech Panel to ponder Roche takeover offer  Genentech has set up a committee of independent directors to consider Swiss drugmaker offer to acquire all shares it does not already own Teen crashes head-on during street race    94080: An 18-year-old South San Francisco man is recovering following a head-on crash that happened during a race in the city early morning Shareholders sue to halt Roche buyout  Shareholders' attorneys are asking a court to invalidate long-standing agreements between Genentech and its majority owner Genentech rejects Roche's $43.7b bid
City approved design for ferry terminal  Ferry service between Oyster Point and Jack London Square in Oakland could begin by the end of 2009 4Q Profit Rises 6 Percent  The biotech giant barely scraped past expectations as stock dropped in after-hours trading as sales of a key product also fell below expecta... Prostate cancer vaccine shows promise  Shares in Cell Genesys shot up nearly 20% after the company released a favorable analysis of its experimental prostate cancer vaccine GVAX FDA Clears Avastin for Breast Cancer

January 2008 ... more > Top ^

February 2008 ... more > Top ^
  A Genentech drug received federal approval, a surprise decision

April 2008 ... more > Top ^

June 2008 ... more > Top ^

July 2008 ... more > Top ^

August 2008 ... more > Top ^
  Biotechnology giant rejected a buyout offer from its majority owner Roche but said it is open to a higher takeover bid
  Shares plunged more than 70% after a clinical trial of its cancer vaccine Gvax was stopped due to a higher number of deaths among patients

September 2008 ... more > Top ^
Sep.9   Solazyme producing oil from algae
  The startup said that it had produced the world's first algal-derived jet fuel and had passed 11 tests necessary for use in aviation
Sep.19   Fluidigm pushing forward with IPO  Fluidigm's intrepid drive to complete its initial public offering during one of the most turbulent weeks in Wall Street history has hit grid... Sep.25   Fluidigm Withdraws IPO
  The small company has ended its effort to go public because the turbulence in the financial markets made it impossible to complete the offering

October 2008 ... more > Top ^
Oct.30   Homicide Victim Found
Map of 600 First Lane South SF   94080: Police found Shivnesh Reddy, 21, suffering from a single gunshot wound. A shooting was possibly the result of an argument over a drug deal

November 2008 ... more > Top ^
Nov.18   Avastin linked to higher risk of clots
  A team of university researchers: Blockbuster cancer drug is linked to a significantly increased risk of blood clots in the veins

December 2008 ... more > Top ^
Dec.12   Bristol-Myers joins Exelixis for drugs
  Shares in Exelixis Inc. rose nearly 33% on news that major pharmaceutical firm will collaborate on the development of 2 experimental cancer drugs

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