Coherus BioSciences Provides Update on ‘619 IPR Institution Decision
Coherus BioSciences, Inc. (CHRS)
Last coherus biosciences, inc. earnings: 2/27 04:01 pm
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Source: GlobeNewswire
REDWOOD CITY, Calif., Sept. 07, 2017 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Nasdaq:CHRS) today announced that the Patent Trial and Appeal Board (“PTAB”) of the United States Patent and Trademark Office denied institution of all four of its petitions for Inter Partes Review (“IPR”) of AbbVie’s U.S. Patent 9,085,619 (“the ‘619 Patent”) related to AbbVie’s HUMIRA (adalimumab) formulation. “While we are disappointed by this outcome, we continue to develop and refine our legal strategies for addressing any patents, including formulation patents, that AbbVie may assert in District Court proceedings,” said Denny Lanfear, President and Chief Executive Officer of Coherus. About Coherus BioSciences, Inc.Coherus is a leading pure-play, global biosimilar company that develops and commercializes high-quality therapeutics for major regulated markets. Biosimilars are intended for use in place of existing, branded biologics to treat a range of chronic and often life-threatening diseases,
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- Coherus BioSciences, Inc. (NASDAQ: CHRS) had its price target raised by analysts at HC Wainwright from $11.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
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- Coherus BioSciences Reports First Quarter 2024 Financial Results and Provides Business UpdateGlobeNewswire
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