Genentech

Genentech

Biotech firm creating medicines via R&D

Overview

Genentech is a biotechnology company focused on researching and developing medicines and therapies to address unmet medical needs. It uses large-scale R&D, with about 13,500 employees and 40 approved medicines; it develops biologics and other therapies marketed through healthcare providers, generating revenue from sales. It differentiates itself with a large patent portfolio (around 20,000 patents) and multiple FDA Breakthrough Therapy Designations, along with a patient-centric approach that weighs access and affordability. Its goal is to advance medical science and deliver high-quality, effective therapies that improve patient health and support the broader medical community.

About Genentech

Simplify's Rating
Why Genentech is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Biotechnology

Healthcare

Company Size

10,001+

Company Stage

Grant

Total Funding

$2B

Headquarters

San Francisco, California

Founded

1976

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Simplify's Take

What believers are saying

  • The Holly Springs site targets 2,000-plus jobs and AI-driven digital-twin manufacturing.
  • Genentech’s August 2026 Recursion milestone unlocks a first neuroscience target and follow-on milestones.
  • IDEAYA’s 2026 PDAC collaboration validates GDC-7035 and Genentech’s KRAS G12D franchise.

What critics are saying

  • Genentech laid off 489 workers last year, including 141 hidden until February 2026.
  • Roche sued Biocon on July 30, 2026 over Perjeta biosimilar launch and patents.
  • If Perjeta and future obesity programs stumble, Roche can starve Genentech’s research budget.

What makes Genentech unique

  • Roche’s August 2026 AI drug-discovery pact with Recursion keeps Genentech inside frontier neuroscience.
  • Genentech’s August 18, 2026 Holly Springs topping-out shows rare U.S. biomanufacturing scale.
  • The August 20, 2026 Hillsboro expansion builds end-to-end device fill-finish capacity.

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Funding

Total Funding

$2B

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Performance Bonus

Relocation Assistance

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

-4%

2 year growth

-4%
Pharmacally
Aug 19th, 2026
IDEAYA and Genentech Partner to Evaluate IDE892 Plus GDC-7035 in PDAC.

IDEAYA and Genentech Partner to Evaluate IDE892 Plus GDC-7035 in PDAC. IDEAYA and Genentech will evaluate IDE892 with KRAS G12D inhibitor GDC-7035 in MTAP-deleted, KRAS G12D-mutant pancreatic cancer. M.Pharm (Reg. Affairs) IDEAYA Biosciences has entered into a clinical collaboration with Genentech, a member of the Roche Group, to evaluate IDE892, its investigational MTA-cooperative PRMT5 inhibitor, in combination with GDC-7035 (RG6620), Genentech's KRAS G12D inhibitor, in patients with pancreatic ductal adenocarcinoma (PDAC) harboring both MTAP deletion and a KRAS G12D mutation. Under the collaboration, Genentech will sponsor the clinical combination study, while IDEAYA will supply IDE892. The companies will jointly oversee the collaboration through a shared governance structure. Targeting MTAP-Deleted, KRAS G12D-Mutant PDAC. The collaboration focuses on a molecularly defined subgroup of PDAC in which MTAP deletion and KRAS G12D mutations occur together. IDEAYA estimates that these alterations co-occur in up to approximately 15% of patients with PDAC. Patients with tumors carrying both alterations currently have no approved targeted treatment options. IDEAYA stated that combining a PRMT5 inhibitor with a KRAS G12D-specific inhibitor may have the potential to produce deeper and more durable responses in this genetically defined patient population. The new combination therefore brings together two targeted investigational approaches designed to address distinct molecular features of these tumors. IDE892 development program expands. IDEAYA is currently evaluating IDE892 in a Phase 1 study of monotherapy and combination therapy in patients with MTAP-deleted advanced solid tumors (NCT07277413). The company has also initiated a Phase 1 combination cohort evaluating IDE892 with IDE397, its proprietary MAT2A inhibitor, in non-small cell lung cancer and other solid tumors. IDEAYA plans to initiate another Phase 1 combination cohort with Roche's RG6505 in MTAP-deleted, RAS-mutant PDAC during the second half of 2026. The newly announced collaboration adds GDC-7035 as an additional KRAS-directed combination partner within the broader IDE892 development program. According to IDEAYA, the company is pursuing multiple combination strategies for IDE892, including combinations with IDE397, pan-RAS inhibitors, KRAS-mutant-specific therapies, and its lead CDKN2A compound. IDE892 shows potential best-in-class characteristics. IDEAYA reported that IDE892 has approximately 1,400-fold selective MTA-PRMT5 cooperative binding compared with SAM-PRMT5 cooperative binding. The company also reported that IDE892 was designed to lack brain penetration, with the aim of maximizing its therapeutic window. These properties are intended to support the development of IDE892 in combination with other targeted therapies, including MAT2A inhibitors, pan-RAS inhibitors, KRAS-directed therapies, and CDKN2A-directed approaches. IDEAYA also reported that IDE892 has a CYP3A4 IC50 greater than 45 micromolar and did not demonstrate time-dependent inhibition across the seven major cytochrome P450 enzymes: CYP1A2, CYP2B6, CYP2C8, CYP2C9, CYP2C19, CYP2D6, and CYP3A4. The findings were based on full kinetic CYP inactivation assays. According to IDEAYA, these drug-interaction characteristics may further support the development of IDE892 as a combination partner for targeted therapies. Terms of the collaboration. Under the clinical collaboration, IDEAYA and Genentech will each retain all commercial rights to their respective compounds, including their use as monotherapies and in combination regimens. Genentech will sponsor the clinical combination study, while IDEAYA will provide IDE892. The companies will maintain joint governance over the clinical supply collaboration and conduct of the study. Clinical significance. The collaboration will evaluate IDE892 in combination with Genentech's KRAS G12D inhibitor GDC-7035 within Genentech's Phase I/II clinical program (NCT06619587), which is evaluating GDC-7035 as a single agent and in combination with other anticancer therapies in patients with KRAS G12D-mutant advanced solid tumors. The new collaboration will specifically assess the combination in patients with PDAC harboring both MTAP deletion and a KRAS G12D mutation. The agreement also expands IDEAYA's strategy of evaluating IDE892 across multiple rational combination approaches in molecularly selected cancers. Reference. About the Writer Kalyani Boharapi (LinkedIn) is a pharmacy professional and healthcare writer currently pursuing an M.Pharm in Regulatory Affairs at Dr. D. Y. Patil College of Pharmacy, with interests in pharmaceutical regulations, drug development, and healthcare innovation. She has academic exposure to dossier preparation, scientific writing, and regulatory documentation. Kalyani has also completed certification courses in Generative AI, AI in Pharma, and Bioinformatics, and actively participates in pharmaceutical conferences to stay updated with emerging trends and advancements in the healthcare and pharmaceutical industry.

ALCHEMPro
Aug 19th, 2026
US' Genentech raises final beam at $2 bn North Carolina facility.

US' Genentech raises final beam at $2 bn North Carolina facility. 19 Aug '26 Insights. * Genentech has topped out its Holly Springs facility, advancing an approximately $2 billion East Coast manufacturing investment. * The site will make next-generation metabolic treatments using biomanufacturing, automation, robotics and an AI-powered digital twin. * It is expected to support more than 2,000 jobs, strengthen the US-based supply chain and build skills with local academic partners.

Contract Pharma
Aug 19th, 2026
Genentech completes structural framework in construction of NC manufacturing facility.

Genentech completes structural framework in construction of NC manufacturing facility. The topping out ceremony marks a milestone in the Holly Springs facility's development. August 19, 2026 Content Marketing Editor Editor's Take: This construction underscores Genentech's confidence in the regional workforce and long-term potential. Genentech on Aug. 18 raised the final beam of its new Holly Springs, NC manufacturing facility, marking structural framework completion. Holly Springs, and the wider Raleigh-Durham region, has been growing as a biopharmaceutical manufacturing and innovation hub. Milestone for Genentech. The topping out ceremony was a construction milestone for Genentech, which is a member of the Roche Group. The company says it reflects on-time progress for its approximate $2 billion investment. When completed, the manufacturing facility will be Genentech's first on the East Coast of the United States. Initial announcement of this project came in May 2025, with groundbreaking in August of 2025 and expansion in January 2026. More broadly, Roche and Genentech are committing $50 billion to R&D and manufacturing infrastructure in the U.S. Currently, this footprint encompasses 13 manufacturing sites, 15 R&D sites, and 25,000 employees in 24 overall locations in eight states. Commitment to NC. The Holly Springs facility should eventually support over 2000 jobs: more than 500 high-wage manufacturing positions, and 1500 construction openings. The facility intends to produce next-generation treatments for metabolic conditions like obesity. Advanced biomanufacturing, automation, robotics, and up-to-date digital manufacturing technologies will support production efficiency, sustainability, and strengthen the U.S. supply chain. Regarding Genentech's investment on the technology side, the facility will feature an advanced digital twin. This AI-powered, data-driven model simulates operations and tests scenarios prior to real-world implementation. To support its anticipated new workforce, Genentech will partner with academic institutions local to the Raleigh-Durham area. This will prepare talent for manufacturing careers in such areas as AI, robotics, automation, and advanced biomanufacturing. Genentech says the construction milestone reflects its confidence in Holly Springs' workforce, community, and long-term potential.

San Francisco Biotechnology Network
Aug 14th, 2026
BMS's New Facility, Recursion-Genentech Partnership, Long-COVID and Persistent C. auris.

BMS's New Facility, Recursion-Genentech Partnership, Long-COVID and Persistent C. auris. August 14, 2026 San Francisco Biotechnology Network News News, Syndication Comments Off on BMS's New Facility, Recursion-Genentech Partnership, Long-COVID and Persistent C. auris Bristol Myers Squibb has selected Houston as the site for a new $2.3 billion multi-modal manufacturing campus designed to support drug product and finished goods manufacturing from late development through launch. Recursion, Roche, and its Genentech subsidiary have announced plans to co-develop a neuroscience discovery program based on the first validated target discovered through an AI map. Editors reminisce over the changes in science since the COVID-19 pandemic in light of a new large NIH-funded study that shows COVID-19 can reactivate dormant viruses, including Epstein-Barr and cytomegalovirus. In other infectious disease news, drug-resistant Candida auris was found to persist in hair follicles by exposing chitin, triggering interferon-γ that suppresses skin defenses and creates a niche for fungal colonization. Listed below are links to the GEN stories referenced in this episode of Touching Base: Discover more Drugs & Medications

San Francisco Biotechnology Network
Aug 5th, 2026
Recursion partners with Genentech to advance first validated neuro target discovered through AI map.

Recursion partners with Genentech to advance first validated neuro target discovered through AI map. August 5, 2026 san francisco biotechnology network news news, syndication comments off on Recursion partners with Genentech to advance first validated neuro target discovered through AI map. The 4.5 year, up-to-$12 billion artificial intelligence (AI) drug discovery collaboration of Recursion, Roche, and its Genentech subsidiary marked a milestone Wednesday when plans were announced for Recursion and Genentech to co-develop a neuroscience small molecule early discovery program based on the first validated target discovered through an AI map they created to find new targets in a long-challenging therapeutic area. Genentech has exercised the collaboration's first validated target option after accepting from Recursion a validation package for the target. That acceptance will trigger a $3 million milestone payment from the biopharma giants to Recursion. That latest payment raises to $216 million the total cash paid out by the biopharma giants to Recursion since the AI-based drug developer joined with the pharma giant and its subsidiary to launch their partnership in 2021. For each program developed, Recursion can receive up to $300 million in payments tied to achieving development, commercialization,... Click here to view original post

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