Genentech
Industry
Pharmaceuticals
Corporate Headquarters
South San Francisco, CA
Corporate Profits, 2005-2024
$15.6 billion
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Spending Snapshot
Campaign Spending
$11.9million
From Employees: 4.5%
Lobbying Spending
$8.5million
Total Political Spending
$20.4million
Issues
- Spent $4.2 million to oppose Prop. 61 (Defeated, 2016), which would have reduced prescription drug prices
- Lobbied against bills that sought to ensure the safety, effectiveness, and affordability of prescription drugs, including: SB-606 (Defeated, 2007-08), AB-463 (Defeated, 2015-16)
- Gave $111K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $111K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $111K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $111K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $111K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $111K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Spent $2.5 million to oppose Prop. 24 (2010), which would have closed corporate tax loopholes
Republicans
$102.2k
Democrats
$730.9k
Total - All Current Elected Officials
$838.2k
Along with contributing directly to political campaigns and other efforts to support particular candidates, California’s top oligarchs and their allies make significant donations to other political action committees (PACs). These PACs often then use those funds to contribute to various political campaigns.
Listed below are the major contributions ($100K+) made by Genentech to PACs that have contributed to current state-level elected officials, as well as all $10K+ contributions made to current state-level elected officials. Although these contributions were not made directly by Genentech to the elected official, they reflect potential indirect financial ties that can also result in political influence.
Along with contributing directly to political campaigns, California’s top oligarchs and their allies make significant donations to other political action committees (PACs) that oppose various political campaigns.
Listed below are the major contributions ($100K+) made by Genentech to PACs that have opposed current state-level elected officials, as well as all $10K+ contributions made in opposition to current state-level elected officials.
Although these contributions were not made directly by Genentech to oppose to the elected officials, they reflect potential indirect financial influence.
No on Prop 61 - Californians Against the Deceptive Rx Proposition, a Coalition of Veterans Doctors Patient Advocates Seniors Taxpayers and Members of Pharmaceutical Research and Manufacturers of America: OPPOSED: PROPOSITION 061- STATE PRESCRIPTION DRUG PURCHASES. PRICING STANDARDS.
$4.2 million
No on 24 -Stop the Jobs Tax, a Coalition of Taxpayers, Employers, Small Businesses, Educators, and High Tech and Biotechnology Organizations: OPPOSED: PROPOSITION 024 - REPEALS RECENT LEGISLATION THAT WOULD ALLOW BUSINESSES TO CARRY BACK LOSSES, SHARE TAX CREDITS, AND USE A SALES-BASED INCOME CALCULATION TO LOWER TAXABLE INCOME.
$2.5 million
California Democratic Party
$309.0k
Leadership California: SUPPORTED: PROP 1B - SB 1266 (CHAPTER 25, 2006). PERATA. HIGHWAY SAFETY, TRAFFIC REDUCTION, AIR QUALITY, PORT SECURITY BOND ACT | SUPPORTED: PROP 1A - SCA 7 (RESOLUTION 49, 2006). TORLAKSON. TRANSPORTATION INVESTMENT FUND. | SUPPORTED: PROP 1C - SB 1689 (CHAPTER 25, 2006). PERATA. HOUSING AND EMERGENCY SHELTER TRUST FUND ACT OF 2006. | SUPPORTED: PROP 1E - AB 140 (CHAPTER 33, 2006). NUNEZ. DISASTER PREPAREDNESS AND FLOOD PREVENTION BOND ACT OF 2006. | SUPPORTED: PROP 1D - AB 127 (CHAPTER 35, 2006). NUNEZ. EDUCATION FACILITIES: KINDERGARTEN-UNIVERSITY PUBLIC EDUCATION FACILITIES BOND ACT OF 2006.
$167.3k
Biocom PAC
$125.5k
Yes on 16, Opportunity for All Coalition, Sponsored by Civil Rights Organizations: SUPPORTED: PROPOSITION 016 - ACA 5 (RESOLUTION CHAPTER 23), WEBER. GOVERNMENT PREFERENCES.
$123.4k
Pharmaceutical Research and Manufacturers of America IEC
$110.6k
