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Company Announcement
09 April 2019

Alvotech and Fuji Pharma Announce Agreement

Alvotech and Fuji pharma have entered into a binding agreement for the exclusive partnership and supply to commercialize Alvotech’s ustekinumab biosimilar (Stelara®) in Japan.  Alvotech and Fuji Pharma recently announced Fuji´s ~US$50 million investment into Alvotech that further strengthens the
Company Announcement
13 March 2019

Alvotech Enrolls First Patient in Clinical Phase III Study

Alvotech enrolls first patient in clinical phase III study involving biosimilar version of HUMIRA® Alvotech’s AVT02 is being developed as a biosimilar of the HUMIRA® high-concentration (100mg/mL) product, expected to be more convenient for patients, compared to biosimilar competitors 400
Company Announcement
25 February 2019

Work Begins on Alvotech-CCHN Joint Venture in China

Following the late 2018 announcement that Alvotech was to enter into a joint venture with Changchun High & New Technology Industries Group Inc (“CCHN”), representatives from the two companies met up last week to discuss the groundbreaking of the new facility.
Company Announcement
22 January 2019

Alvotech Completes U.S. $300M Financing Deal

Fuels growth and biosimilar development in a fast-growing market Alvotech announced today that it has successfully raised US$300 million through a private bond offering. Net proceeds from the capital raised will be used to fuel continued growth, refinance of existing debt and the further
Company Announcement
17 December 2018

Fuji Pharma Invests in Alvotech for US$50 Million

Biopharmaceutical company Alvotech announced today that Japan-based Fuji Pharma has acquired a 4.2% stake in the business for approximately US$50 million. Alvotech and Fuji Pharma recently announced an exclusive agreement for development and commercialization of biosimilars in Japan.
Company Announcement
19 November 2018

Alvotech and Fuji Pharma Enter Into Exclusive Agreement

Alvotech and Fuji Pharma (Tokyo Stock Exchange: 4554) today announce that the two companies are entering into an exclusive partnership for the commercialization by Fuji Pharma of Alvotech’s biosimilar portfolio in Japan. Alvotech gains access to the third largest pharmaceutical market in the world
Company Announcement
27 October 2018

Alvotech and Changchun High & New Technology Industries Enter Into Agreement

Alvotech today announced it is entering into a joint venture with Changchun High & New Technology Industries Group Inc (“CCHN”) which will enable Alvotech to develop, manufacture and commercialize its biosimilar portfolio in China. A new state-of-the-art biologics facility built in China Alvotech
Company Announcement
25 October 2018

Alvotech Receives Manufacturing License for its Biopharmaceutical Facility

Alvotech is delighted to announce that it has received manufacturing licensure from the Icelandic Medicines Agency, for its biopharmaceutical facility in Reykjavik, Iceland. The 13,000m² facility, located in the science park of the University of Iceland in Reykjavik, is dedicated to the development
Company Announcement
08 July 2016

Alvotech Opens State-of-the-art Biosimilar Facility in Iceland

Alvotech, today announces the opening of a new state-of-the-art facility, dedicated to the development and manufacturing of biosimilar monoclonal antibodies (“mAbs”). The opening of this industry leading biologics manufacturing plant marks a significant milestone for Alvotech, an independent sister
Company Announcement
18 May 2016

Alvotech Completes Acquisition of Baliopharm

Alvotech today announced that it has closed on the acquisition of ​Baliopharm GmbH, a German biopharmaceutical development company, previously a subsidiary of Baliopharm AG. The acquisition provides Alvotech with complimentary capabilities in the area of biosimilar development.
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