Genentech quarterly profit rises 73 pct

The world's second-largest biotechnology company said it now expects 2005 earnings growth, excluding items, of at least 35 percent over 2004 — up from its previous forecast of at least 30 percent.

ABC News: Genentech quarterly profit rises 73 pct

BioBOOM Op/Ed: Should be interesting to watch the markets this morning due to the release of these earnings (5% over forecast). May take the whole sector up. Good news and Avastin & Herceptin look to be great drugs, extending the quality of life for thousands.

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