Alza Explained

Alza Corporation
Industry:Pharmaceutical and medical systems
Founder:Alejandro Zaffaroni
Num Employees:10,000
Parent:Johnson & Johnson

Alza Corporation was an American pharmaceutical and medical systems company.[1]

Background

Founded in 1968 by Dr. Alejandro Zaffaroni; the company's name is a portmanteau of his name. Alza was a major pioneer in the field of drug delivery systems, bringing over 20 prescription pharmaceutical products to market, and employing about 10,000 people during 20 years.[2] In 2001, Alza was acquired by Johnson & Johnson via a stock-for-stock transaction worth US$10.5 billion.[3]

Drug delivery platforms

The company owns the patents on the following delivery platforms:

Locations

Alza built its first corporate headquarters in 1971, at 950 Page Mill Road in Palo Alto, California. In 1990, Alza moved its headquarters to Shoreline Business Park, where it remained until late 2007, a few years after Alza was acquired by Johnson & Johnson.[5] [6] The remaining employees were relocated to two buildings elsewhere in the Shoreline Business Park.

Alza operated a large-scale manufacturing facility in Vacaville, California, but it was announced that this facility would shut down by 2022.[7] They also previously operated a large-scale facility in Cashel, Ireland.[8]

Google's Googleplex is located just east of Alza Plaza. In August–September 2008, Google moved into the Alza plaza buildings.

See also

Notes and References

  1. Web site: 2009-11-04 . ALZA Corp. faces layoffs in Vacaville . 2023-09-04 . The Vacaville Reporter.
  2. Web site: 2021-12-14 . ALZA Corporation Revenue: Annual, Quarterly, and Historic - Zippia . 2024-07-21 . www.zippia.com . en-US.
  3. . Johnson & Johnson to Merge With Alza Corporation In $10.5 Billion Stock-for-Stock Transaction . New Brunswick, New Jersey, and Mountain View, California . Johnson & Johnson . Johnson & Johnson . 2001-03-27 . 2015-07-10 . https://web.archive.org/web/20150711220823/http://www.investor.jnj.com/releasedetail.cfm?releaseid=63833 . 11 July 2015 . dead .
  4. Web site: Patheon to make Oros-based depression and allergy drugs . Gareth Macdonald . 28 April 2009 . Decision News Media SAS .
  5. News: Alza's exit could mean another office space buy for Google – Silicon Valley/San Jose Business Journal . Sanjose.bizjournals.com . 26 August 2007. 2011-07-29 . Sharon . Simonson.
  6. Web site: Alza Corp. leaving city after 17 years – Mountain View Voice . Mv-voice.com . 2011-07-29. https://web.archive.org/web/20110724073534/http://www.mv-voice.com/news/show_story.php?id=94. 24 July 2011 . live.
  7. Web site: Palmer . Eric . 2 April 2019 . Janssen laying off 4 dozen employees as California plant heads toward closure . dead . https://web.archive.org/web/20190531153348/https://www.fiercepharma.com/manufacturing/janssen-laying-off-four-dozen-employees-as-california-plant-slated-for-closure . 31 May 2019 . 21 May 2019 . Fierce Pharma.
  8. News: 'Devastating' Jobs Blow for Cashel and Tipperary with Closure of Alza/Cordis Plant. 2016-11-07.