REDWOOD CITY, Calif. (AP) -- REDWOOD CITY, Calif. (AP) -- Coherus Oncology, Inc. (CHRS) on Thursday reported net income of $297.8 million in its second quarter.

The Redwood City, California-based company said it had net income of $2.57 per share. Losses, adjusted for one-time gains and costs, came to 34 cents per share.

The drug developer posted revenue of $10.3 million in the period.

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