BRIEF-Coherus Biosciences Says Capacity Constraints At Labeling & Packaging Facility To Cause Udenyca Supply Interruption

Reuters

Sep 14, 2024

Sept 13 (Reuters) - Coherus BioSciences Inc :

* COHERUS BIOSCIENCES: A 3RD-PARTY CMO SAID CAPACITY CONSTRAINTS AT FINAL LABELING & PACKAGING FACILITY TO CAUSE TEMPORARY UDENYCA SUPPLY INTERRUPTION

* COHERUS BIOSCIENCES INC - PROJECTS CHANNEL SUPPLY UDENYCA TO BE SUBSTANTIALLY DEPLETED BY MID-OCTOBER AS INVENTORIES DRAW DOWN

* COHERUS BIOSCIENCES: EXPECTS UDENYCA MANUFACTURING TO RESUME IN MID-OCTOBER, WITH PRODUCT AVAILABILITY TO BEGIN TO RESUME BY EARLY NOVEMBER

* COHERUS BIOSCIENCES - TO WORK WITH WHOLESALERS & PRESCRIBERS TO MINIMIZE ANY DISRUPTION FROM TEMPORARY SUPPLY INTERRUPTION

* COHERUS BIOSCIENCES INC - COMPANY PROJECTS THAT THESE ACTIONS WILL COLLECTIVELY REDUCE PRODUCTION COST OF UDENYCA BY APPROXIMATELY ONE-THIRD FROM CURRENT LEVELS

* COHERUS BIOSCIENCES - ENGAGED ADDITIONAL FINAL PACKAGING & LABELING CMO, TO MANUFACTURE UDENYCA BY 2024 END

* COHERUS BIOSCIENCES- COMMERCIAL SUPPLY OF UDENYCA FROM NEW CMO TO START IN Q1 2025

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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