Clinical Trial SuccessThe company reported positive final data from a Phase 2 study in patients with metastatic hepatocellular carcinoma, showcasing the efficacy of their triplet therapy.
Debt ReductionCoherus scored a big win with its announced divestiture of the Udenyca franchise for ~$483.4M upfront cash payment, giving the company the ability to largely eliminate debt from its balance sheet which has been the key overhang on shares.
Guideline UpdateLoqtorzi is establishing its commercial value with the recent update of the National Comprehensive Cancer Network (NCCN) guidelines in which Loqtorzi is now the only preferred regimen in combination with chemo for the treatment of advanced nasopharyngeal carcinoma in the first line setting and beyond.