Coherus Oncology Reports 36% Increase in LOQTORZI Net Revenue for Q2 2025, Non-GAAP Net Loss Widens to $39 Million

Reuters
2025/08/08
Coherus Oncology Reports 36% Increase in LOQTORZI Net Revenue for <a href="https://laohu8.com/S/QTWO">Q2</a> 2025, Non-GAAP Net Loss Widens to $39 Million

Coherus Oncology Inc. reported its financial results for the second quarter of 2025, noting a significant increase in LOQTORZI net revenue, which rose to $10.0 million-a 36% increase over the first quarter of 2025. The company recorded a non-GAAP net loss from continuing operations of $39.0 million for the second quarter, an increase from the $34.7 million loss reported for the same period in 2024. For the first half of 2025, the non-GAAP net loss was $79.9 million, an improvement compared to the $88.3 million loss in the first half of 2024. Selling, general, and administrative expenses decreased to $26.0 million from $27.5 million in the same period of the previous year, attributed mainly to lower headcount and decreased operating costs following recent divestitures. The company ended the second quarter with $238 million in cash, cash equivalents, and marketable securities, asserting a cash runway through 2026. Coherus remains focused on maximizing LOQTORZI's potential in treating nasopharyngeal carcinoma and anticipates data readouts for CHS-114 and casdozokitug in the first half of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coherus Oncology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9508674-en) on August 07, 2025, and is solely responsible for the information contained therein.

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