If Biosimilars Are Struggling, Someone Forgot to Tell Coherus BioSciences [The Motley Fool]
Coherus BioSciences, Inc. (CHRS)
Last coherus biosciences, inc. earnings: 2/27 04:01 pm
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Source: The Motley Fool
If Biosimilars Are Struggling, Someone Forgot to Tell Coherus BioSciences The rise of biosimilars, the name given to generic versions of biologic drugs such as monoclonal antibodies and granulocyte colony-stimulating growth factors, hasn't quite lived up to the hype in recent years. The U.S. Food and Drug Administration (FDA) has approved biosimilars, but many haven't made it to the market yet. Some of the companies that have launched balked at offering payer discounts and rebates, which can sometimes make the copycat drugs more expensive than the innovator drugs they aspire to replace. And doctors sometimes hesitate to switch patients to biosimilars because they technically aren't exact copies of innovator drugs (proteins are more difficult to exactly replicate than small molecule drugs produced with chemistry). But Coherus BioSciences NASDAQ:CHRS small-cap stock Image source: Getty Images. A surprisingly smooth trajectory Commercializing a new biosimilar isn't easy. Companies have
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CHRS
News
- Investors in Coherus BioSciences (NASDAQ:CHRS) have unfortunately lost 83% over the last five years [Yahoo! Finance]Yahoo! Finance
- Coherus Presents Preclinical Data for CHS-1000, a Novel Anti-ILT4 Antibody, at the 2024 AACR Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Coherus Presents Preclinical Data for CHS-1000, a Novel Anti-ILT4 Antibody, at the 2024 AACR Annual MeetingGlobeNewswire
- Coherus Biosciences: Dumping One Drug But Showing Promise With Another [Seeking Alpha]Seeking Alpha
- Coherus BioSciences, Inc. (NASDAQ: CHRS) had its price target lowered by analysts at HC Wainwright from $13.00 to $11.00. They now have a "buy" rating on the stock.MarketBeat
CHRS
Earnings
- 3/13/24 - Miss
CHRS
Analyst Actions
- 3/18/24 - HC Wainwright
CHRS
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEFA14A
- 4/15/24 - Form DEF
- CHRS's page on the SEC website