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Coherus Prepares To Wave Goodbye To Udenyca – And 30% Of Its Staff

Final Annual Results Before Transfer Of Pegfilgrastim Franchise

 
• By Dave Wallace

As Coherus prepares to exit the biosimilars space altogether with the divestment of its Udenyca pegfilgrastim franchise, the firm has set out its annual results for 2024 as well as “organizational streamlining” plans.

Coherus is losing 30% of its 225 employees (Shutterstock)

With Coherus BioSciences gearing up to exit the biosimilars space altogether – having late last year struck a deal to divest its Udenyca (pegfilgrastim-cbqv) franchise to Intas in a transaction worth more than half a billion dollars – the firm has reported a rise of nearly two-thirds in Udenyca sales in 2024, while at the same time setting out plans for “organizational streamlining” and the loss of around 30% of its 225 employees as it moves ahead to focus on innovative immuno-oncology products.

Udenyca sales were up by 62% to $206m in 2024, “primarily due to increased market share,” offset by a “change...

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