Coherus Oncology Raises $50.1mln in Public Offering, Stock Drops Amid Q3 2025 Revenue Growth
ByAinvest
Friday, Feb 13, 2026 4:49 am ET1min read
CHRS--
Coherus Oncology priced a $50.1mln underwritten public offering of 28.6mln shares at $1.75 per share. The net proceeds will support the commercialization of LOQTORIZ, clinical development of its oncology pipeline, and general corporate purposes. Q3 2025 net revenue rose to $11.6mln, up from $6.05mln in the previous quarter. LOQTORIZ net product revenue increased 92% to $11.2mln. The company expects its cash balance to cover operations into 2026.
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