Fuji Pharma Invests US$50 Million In Alvotech

Japanese firm Fuji Pharma has acquired a minority stake in Alvotech for around US$50 million, shortly after the firms entered an exclusive agreement to develop and supply the latter’s biosimilars portfolio in Japan.

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Fuji Pharma takes a slice of Alvotech for US$50 million • Source: Shutterstock

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