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CHRS / Surface Oncology stock flies on $65M stock-for-stock acquisition by Coherus BioSciences

Surface Oncology stock flies on $65M stock-for-stock acquisition by Coherus BioSciences
Surface Oncology shares jumped by more than 16% on Friday morning after it was revealed the clinical-stage immuno-oncology (I-O) company is being acquired by Coherus BioSciences (NASDAQ:CHRS). The stock-for-stock transaction is valued at up to $65 million, approximately a three-fold premium over Surface's anticipated net cash of $20 million to $25 million at closing, the two companies said in a statement. Read More
Posted: Jun 16 2023, 11:01
Author Name: Proactive Investors
Views: 091928

CHRS News  

Coherus BioSciences to Participate at Upcoming November Investor Conferences

By GlobeNewsWire
November 2, 2023

Coherus BioSciences to Participate at Upcoming November Investor Conferences

REDWOOD CITY, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus“, Nasdaq: CHRS) today announced that senior management more_horizontal

Coherus BioSciences to Report Third Quarter 2023 Financial Results on November 6, 2023

By GlobeNewsWire
October 30, 2023

Coherus BioSciences to Report Third Quarter 2023 Financial Results on November 6, 2023

REDWOOD CITY, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus”, Nasdaq: CHRS) today announced that its third quarter more_horizontal

Why Coherus BioSciences Stock Soared Today

By The Motley Fool
October 30, 2023

Why Coherus BioSciences Stock Soared Today

Coherus and Chinese partner Junshi Biosciences announced U.S. FDA approval of Loqtorzi in all lines of treatment for nasopharyngeal carcinoma (NPC). C more_horizontal

Why Coherus BioSciences Stock Popped Today

By The Motley Fool
October 5, 2023

Why Coherus BioSciences Stock Popped Today

Coherus announced it has resubmitted a biologic license application for one of its products. The FDA had previously issued a complete response letter more_horizontal

Coherus BioSciences' new injector treatment for cancer patients rejected by FDA

By Market Watch
September 25, 2023

Coherus BioSciences' new injector treatment for cancer patients rejected by FDA

Coherus BioSciences said Monday that the U.S. Food and Drug Administration rejected its regulatory submission for a new on-body injector form of Udeny more_horizontal

Why Coherus BioSciences Stock Was Plunging This Week

By The Motley Fool
September 8, 2023

Why Coherus BioSciences Stock Was Plunging This Week

It is about to be deleted from a popular small-cap equity index. As of Monday, Sept. more_horizontal

Coherus BioSciences to Participate at Upcoming September Investor Conferences

By GlobeNewsWire
September 1, 2023

Coherus BioSciences to Participate at Upcoming September Investor Conferences

REDWOOD CITY, Calif., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus“, Nasdaq: CHRS) today announced that senior managemen more_horizontal

Why Coherus BioSciences Stock Popped Today

By The Motley Fool
August 3, 2023

Why Coherus BioSciences Stock Popped Today

The immuno-oncology biotech specialist delivered stronger-than-expected revenue and earnings in Q2. Coherus also reiterated its full-year guidance and more_horizontal


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