Platinum Investment Management Ltd. reduced its stake in Coherus BioSciences, Inc. ( NASDAQ:CHRS – Get Rating ) by 8.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 549,899 shares of the biotechnology company's stock after selling 48,405 shares during the period. Platinum Investment Management Ltd. owned approximately 0.71% of Coherus BioSciences worth $5,285,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently bought and sold shares of CHRS.

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