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Genentech Q4 2006 Earnings Call Transcript

Jan. 10, 2007 10:30 PM ETRoche Holding AG (RHHBY)
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Genentech, Inc. (DNA)

Q4 2006 Earnings Call

January 10, 2007 5:15 pm ET


Kathee Littrell - Senior Director of Investor Relations

Dr. Art Levinson - Chairman and Chief Executive Officer

Ian Clark - Executive Vice President of Commercial Operations

Dr. Sue Hellmann - President of Product Development

David Ebersman - Executive Vice President and Chief Financial Officer


Adam Walsh - Jefferies & Company

Steven Harr - Morgan Stanley

Joel Sendek - Lazard Capital Markets

Mark Schoenebaum - Bear Stearns

Matt Reschke – JP Morgan

Craig Parker - Lehman Brothers

Eric Schmidt - Cowen & Co.

Geoffrey Porges - Sanford Bernstein

Thomas Wei - Piper Jaffray

May-Kin Ho - Goldman Sachs

Michael Aberman - Credit Suisse

Jason Kantor - RBC Capital Markets

Jim Reddoch - Friedman, Billings, Ramsey Group, Inc.


Good day, everyone, and welcome to the Genentech fourth quarter and year-end 2006 earnings conference call. Today’s call is being recorded. At this time, I would like to turn the call over to Kathee Littrell, Senior Director of Investor Relations. Please go ahead, Madam.

Kathee Littrell

Thank you very much and good afternoon, everyone. Thank you so much for joining us for our Q4 year-end ’06 earnings call. Just to remind you, we have posted earnings call slide set on our website, and our website is www.gene.com. This call is being electronically recorded and is copyrighted by Genentech. No reproductions, re-transmissions or copies of this conference call can be made without the written permission of Genentech.

We will be making forward-looking statements and actual results may vary materially from the statements made. Please see the risk factors section of our Form 10-Q for the period ending September 30, 2006 and it is on file with the SEC. That has a discussion of the risk factors that could cause material variations from

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