Genentech Posts $931 Million 4Q Profit, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwire) -- 01/21/09 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Genentech Incorporated (NYSE:DNA) (San Francisco, California) recently announced a fourth-quarter 2008 net income of $931 million, up 47% compared with $632 million in the same period of 2007. Sales for the quarter rose 13% to $2.5 billion, compared with $2.2 billion in the fourth quarter of 2007. Industrial Info is tracking two active Genentech projects worth $300 million as part of our Pharmaceutical Tracker - Online Database. The larger of the two projects is a grassroot biotherapeutic fill and finish plant in Hillsboro, Oregon. Hillsboro is one of three locations that Genentech has targeted to ramp up manufacturing, Chairman and CEO Arthur Levinson said.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to or visit us at

Related News Articles

Industrial Info Releases Inaugural 2009 U.S. & Canada Pharma-Bio Project Investment Map

UMass Seeking Construction Manager at Risk for $86 Million Nano-Manufacturing Center in Lowell

Louisville Haymarket Biotech Research Center Gets Fresh Look

Add to Digg Bookmark with Add to Newsvine

Joe Govreau

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here