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Coherus Aiming For More Than 10% Slice Of US Adalimumab Market

US-Based Firm Has December 2021 FDA Goal Date

 
• By Dean Rudge

Coherus BioSciences is aiming to translate the success of its comprehensive biosimilar pegfilgrastim strategy to adalimumab, with plans to capture at least 10% of the US market upon formation in 2023. Management summarized the firm’s expectations during the company’s fourth-quarter earnings call, which revealed a downturn in pegfilgrastim sales and profitability.

Growth Strategy on Mechanism of Golden Metallic Gears. Growth Strategy on the Mechanism of Golden Cogwheels with Lens Flare. Growth Strategy - Illustration with Glowing Light Effect.
Coherus believes its customer-focused approach will stand it in good stead for the multi-billion-dollar adalimumab market • Source: Shutterstock

Coherus BioSciences, Inc. aims to capture greater than 10% of the adalimumab market upon expected biosimilar entry in 2023, buoyed by its product, “patient-focused offering and manufacturing scale,” which it is confident “will match what payers are looking for.”

Earlier this month, the US-based player revealed a US Food and Drug Administration goal for its CHS-1420 adalimumab biosimilar candidate for December this year, after its biologics license application was accepted for filing by the agency

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