Coherus BioSciences, Inc. (Coherus, Nasdaq: CHRS),
a commercial-stage biopharmaceutical company focused on the
research, development, and commercialization of innovative
immunotherapies to treat cancer, today announced recognition and
support for Rare Cancer Day to raise awareness for rare cancers
such as nasopharyngeal carcinoma.
“Rare cancers, such as NPC, affect under-served populations, and
raising awareness among patients and the medical community is
critical for early detection and treatment leading to improved
survival rates,” said Denny Lanfear, Chairman and Chief Executive
Officer of Coherus. “Patient advocacy groups, such as TargetCancer
Foundation and NORD Rare Cancer Coalition, play an important role
in raising awareness for rare cancers through their partnerships
with the government and companies developing treatments to improve
outcomes for patients.”
Additionally, Coherus recognizes the importance of and applauds
the bipartisan Congressional resolution introduced in the U.S.
House of Representatives on September 26, 2023 by U.S. Reps. Mike
Kelly (R-PA), Derek Kilmer (D-WA), Brian Fitzpatrick (R-PA), and
Brian Higgins (D-NY), Co-Chairs of the House Cancer Caucus.
About Rare Cancer Day
Rare Cancer Day is an annual awareness day devoted to shining a
light on rare cancers and the issues people living with them face.
Spearheaded by the NORD Rare Cancer Coalition, Rare Cancer Day is
observed on September 30th to highlight the challenges patients
face and to unify individuals living with rare cancers for
awareness and early diagnosis.
About NPCNPC is a rare malignancy in most parts
of the world but is endemic in Southern China and Southeast Asia.
The combination of gemcitabine and cisplatin is the current
standard of care for recurrent or metastatic NPC. Because NPC’s
nonsurgical treatment approach, etiology, and prognosis differ from
those of other head and neck cancers, NPC patients are typically
not included in clinical trials related to those cancers. Moreover,
there are currently no FDA-approved therapies for NPC, as
gemcitabine and cisplatin are administered off-label.
About Coherus’ Immuno-oncology
PipelineCoherus is developing an innovative
immuno-oncology pipeline that will be synergistic with its proven
commercial capabilities in oncology. Through an in-licensing
agreement with Shanghai Junshi Biosciences Ltd., Coherus is
developing toripalimab, an anti-PD-1 antibody, in the United
States and Canada. A biologics license application for
toripalimab for the treatment of NPC is under review by the FDA.
Toripalimab is approved in China for the treatment of
melanoma, urothelial cancer, esophageal squamous cell carcinoma,
NPC and non-small cell lung cancer.
Through its acquisition of Surface Oncology, Inc. earlier this
year, Coherus’ immuno-oncology pipeline now includes multiple
antibody immunotherapy candidates focused on enhancing the innate
and adaptive immune responses to enable a robust immunologic
response and enhance outcomes for patients with cancer.
Casdozokitug (formerly SRF388) is a novel, first-in-class
anti-IL-27 antibody currently being evaluated in Phase 2 clinical
trials in lung and liver cancer. CHS-114 (formerly SRF114) is a
highly selective, competitively positioned, ADCC-enhanced anti-CCR8
antibody currently in a Phase 1/2 study as a monotherapy in
patients with advanced solid tumors.
Coherus’ earlier-stage immuno-oncology pipeline targets
immune-suppressive mechanisms, including CHS-006, a TIGIT-targeted
antibody, being evaluated in a Phase 1/2 clinical trial in
combination with toripalimab in patients with advanced solid
tumors, and CHS-1000, a preclinical program targeting the novel
pathway ILT4.
About Coherus BioSciencesCoherus is a
commercial-stage biopharmaceutical company focused on the research,
development and commercialization of innovative immunotherapies to
treat cancer. Coherus’ strategy is to build a leading
immuno-oncology franchise funded with cash generated through net
sales of its diversified portfolio of FDA-approved
therapeutics.
In 2021, Coherus in-licensed toripalimab, an anti-PD-1 antibody,
in the United States and Canada. The Biologics
License Application for toripalimab in combination with
chemotherapy as treatment for recurrent or metastatic
nasopharyngeal carcinoma is currently under review by the FDA.
Coherus markets UDENYCA® (pegfilgrastim-cbqv), a biosimilar
of Neulasta®, CIMERLI® (ranibizumab-eqrn), a biosimilar of
Lucentis®, and YUSIMRY™ (adalimumab-aqvh), a biosimilar of
Humira®.
Forward-Looking Statements
Except for the historical information contained herein, the
matters set forth in this press release are forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding Coherus’ ability to build
its immuno-oncology franchise to achieve a leading market position;
Coherus’ ability to generate cash and net sales; Coherus’
investment plans; Coherus’ ability to find synergies between its
I-O pipeline and its commercial operations; and expectations about
any of Coherus’ product candidates ability to improve outcomes for
patients in the future.
Such forward-looking statements involve substantial risks and
uncertainties that could cause Coherus’ actual results, performance
or achievements to differ significantly from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Such risks and uncertainties include,
among others, the risks and uncertainties inherent in the clinical
drug development process; risks related to integration of Surface’s
programs and operations; risks related to realizing the anticipated
benefits of the acquisition of Surface; risks related to Coherus’
existing and potential collaboration partners; risks of Coherus’
competitive position; the risks and uncertainties of the regulatory
approval process, including the speed of regulatory review,
international aspects of Coherus’ business and the timing of
Coherus’ regulatory filings; the risk of FDA review issues; the
risk that Coherus is unable to complete commercial transactions and
other matters that could affect the availability or commercial
potential of Coherus’ products and product candidates; and the
risks and uncertainties of possible litigation. All forward-looking
statements contained in this press release speak only as of the
date of this press release. Coherus undertakes no obligation to
update or revise any forward-looking statements. For a further
description of the significant risks and uncertainties that could
cause actual results to differ from those expressed in these
forward-looking statements, as well as risks relating to Coherus’
business in general, see Coherus’ Quarterly Report on Form 10-Q for
the fiscal quarter ended June 30, 2023 filed with
the Securities and Exchange Commission on August 2,
2023, including the section therein captioned “Risk Factors” and in
other documents Coherus files with the Securities and Exchange
Commission.
UDENYCA®, CIMERLI® and YUSIMRY™, whether or not appearing
in large print or with the trademark symbol, are trademarks of
Coherus, its affiliates, related companies or its licensors or
joint venture partners unless otherwise noted. Trademarks and trade
names of other companies appearing in this press release are, to
the knowledge of Coherus, the property of their respective
owners.
Coherus Contact Information:For Investors &
Media:Jodi Sievers, VP, Corporate CommunicationsIR@coherus.com
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