Bullish Case: Sandoz deal of Cimerli adds cash, sales growing rapidly. FDA approved biosimilars (Udenyca, Cimerli) could bolster sustained revenue increase, promising recent earnings signal a turnaround.


Bearish Case: CHRS trading at stark five-year low; ongoing competition in biosimilars; significan net losses and a challenging market suggest limited upside and potential further decline.


Potential Outcomes:

1. Sales traction from biosimilars outperforms market expectations (30%).

2. Further competition pressures sales, exacerbating declines (35%).

3. Pipeline developments either boost or dampen prospects (35%).


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April 16, 2024


Coherus Biosciences Forecast

CHRS        Coherus Biosciences
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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