Coherus BioSciences Mourns the Passing of Board Member Dr. Samuel Nussbaum

Rhea-AI Summary

Coherus BioSciences (Nasdaq: CHRS) has announced the passing of board member Dr. Samuel Nussbaum, who served since May 2018. Dr. Nussbaum was a prominent healthcare executive and physician with significant contributions to the industry. His leadership was valued by Coherus, and CEO Denny Lanfear expressed deep gratitude for his service. Dr. Nussbaum previously held executive roles at Anthem and had a distinguished career in medicine and research, including a tenure at Harvard Medical School. His absence will be felt across the organization.

Positive

• Dr. Nussbaum's extensive experience and leadership have contributed positively to Coherus' mission.
• His guidance was recognized as significant for the strategic direction of Coherus.

Negative

• The loss of Dr. Nussbaum may create a gap in leadership experience on the board.
• Continuity in strategic decision-making could be impacted by his passing.

REDWOOD CITY, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) -- It is with profound sadness that Coherus BioSciences, Inc. (Nasdaq: CHRS) announces the passing of board member Samuel Nussbaum, M.D. During his distinguished career, Dr. Nussbaum worked as a physician, researcher, professor, and healthcare executive. He had been a director of the Company since May 2018.

“We will greatly miss Sam and his tremendous support for Coherus. Long before joining the Coherus board, he lived a mission of providing greater access to life-changing medicines,” said Denny Lanfear, CEO of Coherus. “We were privileged to benefit from his guidance and counsel during his time on our Board, and I will forever be grateful for his service. The entire Coherus team offers our condolences to the Nussbaum family at this time.”

From 2000 to 2016, Dr. Nussbaum served as Executive Vice President, Clinical Health Policy, and Chief Medical Officer for Anthem. Since retiring from Anthem, Dr. Nussbaum served as a strategic advisor to life science companies, health care systems and provider organizations, and life science investors.

Dr. Nussbaum’s long and varied career began with two decades at Harvard Medical School and Massachusetts General Hospital where he led the Clinical Endocrine Group Practice. He earned his B.A. from New York University and his M.D. from Mount Sinai School of Medicine. He trained in internal medicine at Stanford University and Massachusetts General Hospital and in endocrinology at Harvard Medical School and Massachusetts General Hospital.

About Coherus BioSciences
Coherus is a commercial stage biopharmaceutical company with the mission to increase access to cost-effective medicines that can have a major impact on patients’ lives and to deliver significant savings to the health care system. For additional information, please visit www.coherus.com.

Coherus Contact Information:
Cheston Turbyfill
Vice President, Communications
IR@coherus.com

 

FAQ

What was the role of Samuel Nussbaum at Coherus BioSciences?

Samuel Nussbaum served as a board member at Coherus BioSciences since May 2018.

How did Dr. Nussbaum contribute to Coherus BioSciences?

Dr. Nussbaum provided valuable guidance and strategic insights during his tenure on the board.

What impact could Dr. Nussbaum's passing have on Coherus BioSciences?

His passing may create a gap in leadership experience and impact continuity in the company's strategic direction.

When did Samuel Nussbaum pass away?

Samuel Nussbaum passed away shortly before the announcement made on September 29, 2021.