Alvotech
ALVOALVO · Stock Price
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Overview
Alvotech is a mission-driven, publicly traded biosimilar developer with a fully integrated platform that spans the entire value chain from cell line development to commercial fill-and-finish. This vertical integration provides strategic control over timelines, quality, and cost, enabling the company to bring affordable alternatives to high-cost biologic medicines to market efficiently. Its primary achievement is the approval and launch of its high-concentration adalimumab biosimilar (AVT02, referencing Humira) in key markets including the U.S., EU, and Japan, establishing a commercial foundation. The company's strategy is to leverage its platform to build a broad and deep pipeline targeting over a dozen blockbuster biologics, forming strategic commercialization partnerships to maximize global reach.
Technology Platform
A fully integrated, proprietary platform for biosimilar development and manufacturing, encompassing end-to-end capabilities from cell line development and process optimization to commercial-scale cGMP production and fill-finish.
Pipeline
17| Drug | Indication | Stage | Watch |
|---|---|---|---|
| AVT16 + Vedolizumab | Ulcerative Colitis | Phase 3 | |
| AVT29 (proposed aflibercept HD biosimilar) + Eylea HD (aflib... | Diabetic Macular Edema | Phase 3 | |
| AVT03 + Denosumab | Osteoporosis, Postmenopausal | Phase 3 | |
| Adalimumab originator + Adalimumab biosimilar | Plaque Psoriasis | Phase 3 | |
| AVT06 (proposed aflibercept biosimilar) + Eylea® (Aflibercep... | Neovascular (Wet) AMD | Phase 3 |
Funding History
4Company Timeline
Founded in Reykjavik, Iceland
Series B: $300.0M
Debt: $450.0M
IPO — $225.0M