REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Coherus BioSciences Inc. (CHRS) on Monday reported a loss of $58.9 million in its fourth quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 76 cents. Losses, adjusted for stock option expense, came to 60 cents per share.
The drug developer posted revenue of $45.4 million in the period.
For the year, the company reported that its loss widened to $291.8 million, or $3.76 per share. Revenue was reported as $211 million.
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