MARKET COMPOSITE
CHRS - Coherus Biosciences Inc8:00:00 PM 3/27/2024
Price
$2.42
+ 0.12 (5.22%)
Coherus BioSciences, Inc., a commercial-stage biotherapeutics company, focuses on the biosimilar market worldwide. It markets UDENYCA, a long-acting granulocyte stimulating colony factor, which stimulates production of granulocytes in order to promote the body's ability to fight infections. The company sells UDENYCA in the United States. Its product candidates include CHS-1420, an adalimumab (Humira) biosimilar candidate and CHS-0214, an etanercept (Enbrel) biosimilar candidate, which have completed Phase III clinical study for treating psoriasis and rheumatoid arthritis. The company is also developing ranibizumab (Lucentis), an ophthalmology biosimilar candidate; CHS-2020, an aflibercept (Eylea) biosimilar candidate; and CHS-131, a small-molecule drug candidate for non-alcoholic steatohepatitis and other metabolic conditions, as well as bevacizumab (Avastin), an oncology biosimilar candidate. Coherus BioSciences, Inc. has license agreements with Bioeq AG; Innovent Biologics (Suzhou) Co., Ltd.; Daiichi Sankyo Company, Limited; and Selexis SA. The company was formerly known as BioGenerics, Inc. and changed its name to Coherus BioSciences, Inc. in April 2012. Coherus BioSciences, Inc. was founded in 2010 and is headquartered in Redwood City, California.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue91.5MM+23%
Gross Profit7MM-
Cost Of Revenue84.6MM-
Operating Income-68.9MM-
Operating Expenses75.9MM-
Net Income-79.7MM-
R&D26.4MM+3%
G&A49.5MM+3%
Amortization--
Interest Expense10.6MM+3%
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