Coherus BioSciences Sees Payment Of $25M Milestone Due To Shanghai Junshi Biosciences Due To Agreement Dated Feb 1, 2021 To Occur In March 2024
Portfolio Pulse from Benzinga Newsdesk
Coherus Biosciences is expected to pay a $25M milestone to Shanghai Junshi Biosciences in March 2024, as per an agreement dated Feb 1, 2021, according to an SEC filing.
October 27, 2023 | 8:27 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Coherus Biosciences' upcoming $25M payment to Shanghai Junshi Biosciences in 2024 could impact its financials.
The $25M payment is a significant amount and could impact Coherus Biosciences' financials in the short term. This could potentially lead to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100