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Coherus BioSciences Outlines ‘Very Different Approach’ And Raises Another US$75m To Launch Udenyca

 
• By Dean Rudge

Just days after it began selling the second biosimilar pegfilgrastim product in the US, and the company’s first, Coherus BioSciences’ management took to the J.P. Morgan Healthcare Conference to explain how the company is set apart from rival Mylan. Through debt financing, the California-based player has also just grabbed a further US$75 million to fuel the biosimilar’s launch.

TrayOfMoney
A US$75m cash injection has aided Coherus' launch strategy • Source: Shutterstock

Coherus BioSciences focused on what had gone “sideways” with previous biosimilar launches in the US in deciding to price its Udenyca (pegfilgrastim- cbqv) biosimilar at a wholesale acquisition cost (WAC) lower than Neulasta’s (pegfilgrastim) average selling price (ASP) in the market, management says.

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• By Dean Rudge

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