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Coherus Shelves Eylea Biosimilar And Rules Out Early-Stage Biosimilar Development

Biosimilars Leader Coherus Marks New Era With Immuno-Oncology Play

 
• By Dean Rudge

Coherus BioSciences, a leader and innovator in the nascent US biosimilars space, has announced plans to ditch a key biosimilar opportunity and limit overall investment, in order to direct resources to immuno-oncology.

Wooden Blocks Chance Change
Coherus is "still quite open to biosimilar deals" but will will consider them carefully • Source: Shutterstock

Coherus BioSciences has shelved development of its wholly-owned CHS-2020 biosimilar Eylea (aflibercept) candidate, under a new strategic direction that the US-based firm says will make it very unlikely it will direct R&D dollars to early-stage biosimilar development.

California-based Coherus revealed its drastic new strategy as it announced a broad North American collaboration agreement with Junshi BioSciences, primarily a transaction worth up to $530m to develop and

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