Last deal

$50M

Amount

Post-IPO Equity

Stage

16.05.2023

Date

3

all rounds

$1.27B

Total amount

Financing round

General

About Company
Coherus Biosciences develops and sells biologic therapeutics for oncology and inflammatory diseases.

Industry

Sector :

Subsector :

Keywords :

Also Known As

BioGenerics

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Coherus BioSciences is a commercial-stage biopharmaceutical company building an innovative immuno-oncology franchise funded with cash generated by its diversified portfolio of FDA-approved therapeutics. The company markets UDENYCA, a biosimilar of Neulasta in the United States, and expects to launch the FDA-approved Humira biosimilar YUSIMRY in the United States in 2023. The company is also developing CHS-305, a biosimilar of Avastin. Coherus Biosciences is the leading biologics platform company solely focused on delivering high-quality biosimilar therapeutics that will expand patient access to life-changing medicines in regulated markets worldwide.
Contacts

Phone number

Social url

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Financials

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3

Number of Funding Rounds

$1.27B

Money Raised

Their latest funding was raised on 16.05.2023. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
16.05.2023
$50M
01.01.2022
1
$400M

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People

Founders
1
Stephen C. Glover
Stephen C. Glover

Stephen C. Glover

Mr. Glover has over 30 years of business experience in biopharmaceuticals and life sciences. Currently Mr. Glover is Co-Founder and CEO of Variant Pharmaceuticals. Before founding Variant, Mr. Glover was Co-Founder of Coherus Biosciences where he was focused on the business strategy, partnerships, product development efforts and capitalization of the company. Prior to Coherus, he was the President of Insmed Therapeutic Proteins, a biosimilar company, as well as Chief Business Officer of Insmed Incorporated. Prior to Insmed, Mr. Glover held the position of Senior Vice President and General Manager at Andrx Laboratories and Andrx Therapeutics, both divisions of Andrx Corporation. At Andrx Mr. Glover was responsible for the strategy and operation of Andrx Labs which developed and marketed products in metabolic diseases and Men's Health and Andrx Therapeutics which was focused on the development of new controlled release products and contract manufacturing. He earlier held multiple sales, marketing and operational roles at Hoffman LaRoche, Amgen Inc. and IMS Health. Mr. Glover has multifaceted experience in Fortune 100, start up and entrepreneurial environments. He has demonstrated results in start ups, large cap and turnarounds with a focus on business strategy, commercial execution, product development, business transformation and corporate development. He has over 25 life sciences transactions totaling over $10 billion in licensing and M&A activities and has raised over $200M in capital. His strategic and operational experience includes strategic planning, corporate development, operations management, product development, product marketing and sales management. Currently Mr. Glover serves on the Board of Directors of Variant Pharmaceuticals and InflamaCORE. Additionally Mr. Glover serves as an Executive in Residence at the University of Miami U Innovation Life Sciences Office.

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Stephen C. Glover

Employee Profiles
21
Rosh Dias

Rosh Dias

Chief Medical Officer

Paul Reider

Paul Reider

Chief Commercial Officer

Theresa M. LaVallee

Theresa M. LaVallee

Chief Development Officer

McDavid Stilwell

McDavid Stilwell

Chief Financial Officer

Michael Fleming

Michael Fleming

Chief Strategy Officer

Lee Mermelstein

Executive Vice President Manufacturing

Richard Hameister

Richard Hameister

Chief Quality Officer

Erik D. Wiberg

Erik D. Wiberg

Executive Vice President, Corporate Development

Activity

Recent News
13
News Timeline

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