Roche Bid Marks Genentech as Big Pharma

Roche Chairman Franz Humer thinks Genentech would be a great fit. (AP Photo/Keystone, Georgios Kefalas, file) The story of Genentech is the story of biotech. Founded more than 30 years ago in a marriage of venture capital and scientific can-do, the company applied the then-new technology of gene splicing to use microbes to make protein drugs. [...]