Coherus Biosciences
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 476m | 327m | 211m | 257m | 270m | 315m | 376m |
% growth | 34 % | (31 %) | (35 %) | 22 % | 5 % | 17 % | 20 % |
EBITDA | 157m | (264m) | (253m) | (194m) | (30.9m) | 54.4m | 99.9m |
% EBITDA margin | 33 % | (81 %) | (120 %) | (75 %) | (11 %) | 17 % | 27 % |
Profit | 132m | (287m) | (292m) | (238m) | 5.1m | (45.3m) | (9.7m) |
% profit margin | 28 % | (88 %) | (138 %) | (92 %) | 2 % | (14 %) | (3 %) |
EV / revenue | 2.3x | 3.7x | 5.0x | 2.8x | 1.3x | 1.1x | 0.3x |
EV / EBITDA | 7.1x | -4.6x | -4.2x | -3.8x | -11.2x | 6.4x | 1.1x |
R&D budget | 143m | 363m | 199m | 109m | - | - | - |
R&D % of revenue | 30 % | 111 % | 94 % | 43 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.5m | Series A | ||
$61.5m | Series B | ||
N/A | $28.0m | Debt | |
$54.7m | Series C | ||
N/A | $85.0m Valuation: $300m | IPO | |
* | N/A | $120m | Post IPO Equity |
$100m | Post IPO Equity | ||
* | N/A | $100m | Post IPO Equity |
* | N/A | $125m | Post IPO Equity |
$75.0m | Post IPO Debt | ||
$50.0m | Post IPO Equity | ||
* | N/A | $100m | Post IPO Debt |
* | N/A | $50.0m | Post IPO Equity |
Total Funding | CAD161m |
Related Content
Recent News about Coherus Biosciences
EditCoherus BioSciences is a prominent player in the global healthcare market, specifically focusing on the development and commercialization of biosimilars. Biosimilars are essentially highly similar versions of already approved biologic medicines, which are used to treat various diseases. These alternatives are designed to be just as effective and safe as the original products but are offered at a lower cost, making them a more affordable option for patients and healthcare systems.
The primary mission of Coherus is to improve patient lives by expanding access to these life-changing biologic medicines. By providing high-quality biosimilars, Coherus aims to help offset the increasing costs of healthcare, making essential treatments more accessible to a broader population.
Coherus operates in the biopharmaceutical market, serving a diverse range of clients, including healthcare providers, hospitals, and patients who require biologic treatments. The company’s business model revolves around the research, development, and commercialization of biosimilars. This involves a rigorous approval process to ensure that their products meet the high standards of quality and efficacy set by regulatory authorities.
Revenue generation for Coherus comes from the sale of these biosimilar products. By offering these alternatives at a lower cost compared to the original biologics, Coherus not only provides a cost-effective solution for patients but also creates a competitive edge in the market, driving sales and profitability.
In summary, Coherus BioSciences is dedicated to delivering high-quality, cost-effective biosimilars to improve healthcare accessibility and affordability. Their commitment to quality and patient care positions them as a leader in the biosimilar industry.
Keywords: biosimilars, biologic medicines, healthcare, affordability, patient care, biopharmaceutical, cost-effective, quality, accessibility, regulatory approval.