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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Coherus BioSciences Inc | NASDAQ:CHRS | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.57% | 1.73 | 1.00 | 1.80 | 1.75 | 1.68 | 1.72 | 813,515 | 05:00:01 |
From Dec 2023 to Jun 2024
By David Sachs
Sandoz will buy vision-impairment drug Cimerli from Coherus BioSciences for $170 million.
The Swiss pharmaceutical company said Monday that the purchase of the U.S. company's medication includes a biologics license, product inventory, and ophthalmology sales, as well as access to proprietary commercial software.
The medication, which treats serious eye conditions including macular degeneration, is interchangeable with Lucentis, a drug developed by Genentech. Sandoz expects to close the deal in the second half of this year.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
January 22, 2024 01:44 ET (06:44 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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