Read Larry Connors' blog – Short Term Trading Strategies
Dr Levinson is currently the chairman of Genentech's board of directors, an advisor to Genentech's research and early development center and a member of Roche's scientific resource board.
In addition, Dr Levinson will be nominated to the board of directors of Roche Holding in March 2010.
David Goeddel, chairman and CEO of NGM Biopharmaceuticals, said: "Art's accomplishments and leadership during his 30 years at Genentech are legendary. His scientific and business acumen will be invaluable in shaping NGM's continued progress."
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