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Article: F. Hoffmann-La Roche & Company A.G.
- Article from:
- International Directory of Company Histories
CopyrightCOPYRIGHT 1988 Thomson Gale. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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F. Hoffmann-La Roche & Company A.G.
Grenzarcherstr 122
Basle, Baslestadt
Switzerland 4058
62 292
Public Company
Incorporated:
1919
Employees:
45,477
Sales:
SFrl4.549 billion (US$8.94 billion)
Market Value:
SFrl5.186 billion (US$9.331 billion)
Stock Index:
Basle Zurich Geneva
At the beginning of this century Fritz Hoffmann-La Roche, the son of a wealthy Basle silk merchant, joined a local pharmaceutical company. Originally his family had hoped that he would become a scientist, but when he showed no interest in such a career they decided he should enter the business world. When his father bought a partnership in the company, the younger Hoffmann found himself promoted to a senior management ...