Why I'm Doubling Down on This Biotech Company...
Taking a Look at a Potential Leader in Biosimilars (CHRS) & Weekly Activity
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A Diamond in the Rough?
Investors that have been following me for the past month and a half, know how aggressive I’ve been accumulating in a couple businesses in the biotechnology realm. One of those names is Relay Therapeutics (RLAY), and one other I’ve been pounding the table on for weeks… that business is called Coherus BioSciences (CHRS). I’ve deployed thousands and thousands of dollars into this company over the past month and a half, after being on my watchlist for many months before. CHRS has now been obliterated in this market, not noticing it's significant catalysts on the horizon (almost inevitable to happen), making it extremely undervalued. It started with the delays for Toripalimab, now dilution with M&A activity of Surface Oncology (SURF), which have all been blown way out of proportion. This has now moved up to the same conviction level as WM, LMND, UPST, & RCEL in my portfolio. So, let’s dive into CHRS and identify why I’m “Doubling Down” on this biosimilar.
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