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Coherus Eyes Further Biosimilar Candidates But Urges Caution

As Company Continues To Advance Multiple Candidates

 
• By Dean Rudge

Coherus BioScienes has an extra $200m or so in the bank thanks to a financing round complete last month. The company has committed to building out its pipeline of biosimilar candidates, while eyeing the opportunity to increase its share in the biosimilar pegfilgrastim market.

Dollars
Coherus believes it "prudent" to strengthen its balance sheet at this time • Source: Shutterstock

Given its success in the biosimilar pegfilgrastim market, Coherus BioSciences is “the oncology partner of choice in the US,” president, CEO and chairman Denny Lanfear has told investors, as he underlined the company was “well-positioned for additional pipeline acquisitions” following the $230m raised in a round of financing last month.

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