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0 0.0139999999999999 0 0.0139999999999999 0.0117647058823528 0.0348235294117647 0.0577647058823528 0.0177647058823528
Stock impact report

Coherus Completes Strategic Transformation with Successful Divestiture of UDENYCA® Franchise

Coherus BioSciences, Inc. (CHRS) 
Last coherus biosciences, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.coherus.com
Company Research Source: GlobeNewswire
 – $250 million post-close cash balance extends cash runway over two years into 2027, funding pipeline development through key data catalysts – – Coherus to focus exclusively on its innovative novel oncology programs including:– LOQTORZI®, a revenue-generating and differentiated PD-1 inhibitor;– Casdozokitug, a first-in-class interleukin-27 (IL-27) antagonist;– CHS-114, a highly selective CCR8 (chemokine receptor 8) antibody – REDWOOD CITY, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus or the Company; NASDAQ: CHRS) today announced the completion of the previously announced divestiture of its UDENYCA (pegfilgrastim-cbqv) franchise (the Transaction) to Intas Pharmaceuticals Ltd. (Intas) pursuant to the asset purchase agreement (the Agreement) dated December 2, 2024 between Coherus and Intas in a deal valued at up to $558.4 million. Coherus received an upfront payment of $483.4 million, including $118.4 million for UDENYCA inventory, and is eligible to Show less Read more
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