the university of chicago press
Genentech
Lowest observed price
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3 price observationsThe chart shows the lowest recorded product price on each observation day. Prices between observations have not been verified.
- Lowest observed
- €35.30
- Highest observed
- €40.70
- Latest history observation
Show all 3 price observations
| Price observed (Finnish time) | Price |
|---|---|
| €35.30 | |
| €40.70 | |
| €36.40 |
Product details
In the fall of 1980, Genentech, Inc., a little-known California genetic engineering company, became the overnight darling of Wall Street, raising over $38 million in its initial public stock offering. Lacking marketed products or substantial profit, the firm nonetheless saw its share price escalate from $35 to $89 in the first few minutes of trading, at that point the largest gain in stock market history. Coming at a time of economic recession and declining technological competitiveness in the United States, the event provoked banner headlines and ignited a period of speculative frenzy over biotechnology as a revolutionary means for creating new and better kinds of pharmaceuticals, untold profit, and a possible solution to national economic malaise. Drawing from an unparalleled collection of interviews with early biotech players, Sally Smith Hughes offers the first book-length history of this pioneering company. Hughes provides intimate portraits of the people significant to
- Brand
- the university of chicago press
- EAN / GTIN
- 9780226359182