Coherus BioSciences signs manufacturing agreement with KBI Biopharma for CHS-1701

December 24, 2015 1:55 PM

Coherus BioSciences, Inc., a global biosimilars company with late-stage clinical products, announced a strategic manufacturing agreement with KBI Biopharma, Inc.

The agreement is for long-term commercial manufacturing of CHS-1701, its pegfilgrastim (Neulasta) biosimilar candidate.

The KBI Biopharma agreement provides that KBI Biopharma will manufacture and deliver production quantities of CHS-1701 for the planned commercial launch of CHS-1701 and multiple years of commercial product sales.  Coherus has recently indicated that it expects to file its CHS-1701 Biologics License Application (BLA) in the second quarter of 2016.

“We believe this agreement positions Coherus to supply CHS-1701 to patients globally for commercial launch and to continue to meet forecasted global demand for CHS-1701 for several years thereafter,” said Denny Lanfear, president and chief executive officer of Coherus. “Through this agreement, KBI Biopharma, a premier biologics manufacturer, has now allocated ample capacity for Coherus to address the substantial market potential of CHS-1701. We anticipate putting in place additional strategic manufacturing arrangements like this one for our other pipeline molecules.”

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