Total revenues in Q1 2024 increased to $37 million compared to $16 million in the same period last year. Gross margin in Q1 2024 increased to $17 million, by $40 million compared to the same period last year. Alvotech signed new commercialization agreements for its high concentration interchangeable biosimilar to Humira® in the U.S. and for its proposed biosimilar to Prolia® and Xgeva® in the U.S. and Europe. Alvotech raises topline revenue guidance to $400-$500 million and tightens guidance for bottom line ...

Dr. Reddy’s gets exclusive commercialization rights in the United States (U.S.) as well as semi-exclusive rights in Europe and United Kingdom (UK) Alvotech will be responsible for development and manufacture of the product HYDERABAD, INDIA & REYKJAVIK, ICELAND — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide (“Alvotech”), and Dr. Reddy’s Laboratories SA, wholly-owned subsidiary of Dr. Reddy’s Laboratories Ltd., ...

Dr. Reddy's gets exclusive commercialization rights in the United States (U.S.) as well as semi-exclusive rights in Europe and United Kingdom (UK) Alvotech will be responsible for development and manufacture of the product HYDERABAD, India and REYKJAVIK, Iceland, May 21, 2024 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ:ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide ("Alvotech"), and Dr. Reddy's Laboratories SA, wholly-owned subsidiary ...

SIMLANDI生物仿制药 - SIMLANDI是第一个可与Humira互换的高浓度、无柠檬酸盐的生物仿制药[1] - SIMLANDI在美国市场上作为与Humira互换的生物仿制药推出，为多种疾病提供治疗[1] - SIMLANDI是美国FDA批准的第一个高浓度、无柠檬酸盐的Humira生物仿制药，具有互换性独家权[2] Teva和Alvotech合作 - Teva和Alvotech于2020年8月达成战略合作伙伴关系，专门负责Alvotech的五个生物仿制药产品候选品的独家商业化，其中包括SIMLANDI[3] 安全信息和不良反应 - SIMLANDI的重要安全信息包括严重感染和恶性肿瘤的警告，需要在使用前仔细考虑治疗的风险和益处[15] - Adalimumab在孕晚期主动通过胎盘传递，可能影响胎儿的免疫反应[38] - 对于在子宫内暴露于adalimumab产品的婴儿接种活疫苗或减毒活疫苗的安全性尚不明确，应在接种前权衡利弊[38] - 最常见的不良反应包括感染、注射部位反应、头痛和皮疹[39] - 如有疑似不良反应，请联系Teva Pharmaceuticals或FDA进行报告[40] 前瞻性陈述 - Teva在新闻稿中提到了对未来业绩的前瞻性陈述，但也指出存在重大风险和不确定性，可能导致未来结果与前瞻性陈述有显著差异[42] - Alvotech在通讯中也提到了对未来财务运营绩效的前瞻性陈述，包括关于竞争优势、业务前景、产品开发、未来计划等方面的期望[44] - 可能导致实际结果与预期不符的因素包括法律诉讼结果、融资能力、法规变化、经济、商业和竞争因素、监管机构行动等[45] - Alvotech强调前瞻性陈述存在风险、不确定性和其他因素，可能导致实际结果与前瞻性陈述有实质性差异[46]

SIMLANDI is the first interchangeable high-concentration, citrate-free biosimilar to Humira® REYKJAVIK, ICELAND & PARSIPPANY, NJ — Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) and Alvotech (NASDAQ: ALVO), today announced the availability of SIMLANDI (adalimumab-ryvk) injection in the U.S., as an interchangeable biosimilar to Humira for the treatment of adult rheumatoid arthritis, juvenile idiopathic arthritis, adult psoriatic arthritis, adult ankylosing ...

SIMLANDI is the first interchangeable high-concentration, citrate-free biosimilar to Humira® REYKJAVIK, Iceland and PARSIPPANY, N.J., May 21, 2024 (GLOBE NEWSWIRE) -- Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) and Alvotech (NASDAQ:ALVO), today announced the availability of SIMLANDI (adalimumab-ryvk) injection in the U.S., as an interchangeable biosimilar to Humira for the treatment of adult rheumatoid arthritis, juvenile idiopathic arthritis, adult ps ...

REYKJAVIK, Iceland, May 13, 2024 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ:ALVO), a global biotech company specialized in the development and manufacture of biosimilar medicines for patients worldwide, announced today that it will release financial results for the first quarter ended March 31, 2024, after U.S. markets close on Tuesday, May 21, 2024. Alvotech will also conduct a conference call with analysts to present the first quarter 2024 financial results and recent business highlights on Wednesday May 22, 20 ...

REYKJAVIK, Iceland, May 02, 2024 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ:ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today that members of management would be participating in the upcoming BofA Securities Healthcare Conference 2024, which will be held on May 14-15, 2024 in Las Vegas, NV. Members of Alvotech's management team will be attending the conference and hosting one-on-one meetings with investors. About Alvotec ...

AVT05临床研究 - Alvotech宣布AVT05的临床研究达到主要终点，是首家公布对Simponi或Simponi Aria进行评估的生物类似候选药物的公司[1] - AVT05-GL-C01临床研究结果显示AVT05和Simponi之间的治疗等效性，并且在安全性方面没有明显差异[3] - AVT05是一种生物类似候选药物，用于治疗类风湿关节炎等慢性炎症性疾病[5]

SELARSDI is approved for both adult and pediatric indications and is the second biosimilar approved under the strategic partnership between Alvotech and Teva SELARSDI is expected to be marketed in the U.S. on or after February 21, 2025, following a settlement agreement with Johnson & Johnson, the manufacturer of Stelara SELARSDI was developed and is manufactured by Alvotech using murine cell (Sp2/0) and a continuous perfusion process, which are the same type of cells and process used for the production of S ...