Coherus Oncology Jumps On Special Dividend Of Biosimilar CVRs
Coherus Oncology (CHRS) shares rose more than 15% after the company announced a special dividend of contingent value rights (CVRs) tied to monetizing remaining biosimilar assets. CVRs will be distributed pro rata to stockholders of record Sept. 30, 2026, with distribution scheduled for Oct. 7, 2026. Coherus reported Q2 2026 net loss from continuing ops of $33.3M and LOQTORZI revenue up 37% to $13.6M.



