other material
confidence high
sentiment neutral
materiality 0.40
Coherus terminates TIGIT program collaboration with Junshi Biosciences after portfolio review
Coherus Oncology, Inc.
- Delivered notice of termination on January 10, 2024 for the TIGIT Program (CHS-006).
- Decision follows Surface Oncology acquisition and portfolio prioritization; agreement remains effective for LOQTORZI (toripalimab-tpzi).
- Coherus will continue to support patients in ongoing CHS-006 studies (NCT05061628, NCT05757492).
- Company believes termination is in its best interests; wind-down expected over coming months.