Brian Chung's questions to Coherus BioSciences Inc (CHRS) leadership • Q2 2025
Question
Brian Chung of JPMorgan Chase & Co. inquired about the importance and timing of securing a partner for the CHS-114 (anti-CCR8) program and asked for an update on the company's confidence in achieving its $150M-$200M revenue goal for Loktorzi.
Answer
Chief Medical Officer Rosh Dias outlined the data readout timeline for CHS-114, expecting efficacy and safety data in H1 2026. CEO Dennis Lanfear and Chief Scientific & Development Officer Theresa Lavallee emphasized their focus on finding the right partner to maintain development speed and leverage the asset's broad combinability. EVP of Commercial Sameer Goregaoker expressed high confidence in the Loktorzi revenue target, citing the strong uptake in academic centers following NCCN guideline updates as a key positive indicator.