Coherus BioSciences Announces New Employment Inducement Grants

World News: . []

REDWOOD CITY, Calif., March 13, 2018 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Nasdaq:CHRS), today announced that effective March 12, 2018, the compensation committee of the company’s board of directors granted 2 new employees options to purchase an aggregate of 37,000 shares of the company’s common stock with a per share exercise price of $12.45, the closing trading price on the grant date. The stock options were granted pursuant to the Coherus BioSciences, Inc. 2016 Employment Commencement Incentive Plan, which was approved by the company’s board of directors in June 2016 under Rule 5635(c)(4) of the Nasdaq Global Select Market for equity grants to induce new employees to enter into employment with the company.

CONTACT:Patrick O’BrienSenior Vice President, Investor RelationsCoherus BioSciences, Inc.+1 (650) 649-3527

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Globe Newswire: 20:15 GMT Tuesday 13th March 2018

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