Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By



Executive Summary

TULARIK ATTRACTS GENENTECH FUNDING AND FORMER EXECS to the South San Francisco-based start-up specializing in transcription factor technology. Tularik, founded in January 1992, completed a $3.9 mil. seed financing that includes an investment by the Mayfield Fund as well as a minority stake held by Genentech. The firm is headed by two former Genentech execs and includes a Genentech scientist as one of its three founders. Tularik was founded by: David Goeddel, PhD, who has been Genentech's director of molecular biology since 1980; Stephen McKnight, PhD, a Howard Hughes Medical Institute investigator at the Carnegie Institution; and Robert Tjian, PhD, a Howard Hughes investigator at the University of California, Berkeley. The three men named the firm after a river in Alaska where they go fishing. McKnight is Tularik's director of research and Tjian is chairman of the firm's scientific advisory board. Tularik's research efforts initially will focus on developing transcription factor-based therapeutics for certain viral diseases. The firm has established three specific viral disease targets but has not disclosed what they are. Tularik expects to move into its 20,000 sq ft research facility and headquarters within the next few weeks. Tularik President and CEO James Gower was previously senior VP at Genentech, where he was responsible for sales, marketing, business development and product planning. Gower was with Genentech from 1981 to 1990, during which time he developed a 350- person sales force and raised $123 mil. through R&D limited partnerships, the Tularik backgrounder states. Another former Genentech exec, Yasunori Kaneko, MD, joined Tularik Aug. 4 as VP-business development. Kaneko spent the past year at Isis Pharmaceuticals where he helped raise $60 mil., including an initial public offering. During his six years at Genentech, Kaneko was the project leader for the firm's human growth hormone program.

You may also be interested in...

Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth




Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts