Alvotech’s Wessman Sets Out Next Steps On Biosimilars Journey

Founder And Chairman Robert Wessman Talks Partnerships, In-Licensing And Strategy

Alvotech ended 2021 by revealing major plans for a SPAC merger that will provide fresh impetus for the biosimilars specialist with an injection of almost $500m in funding. In the first part of an exclusive two-part interview, founder and chairman Robert Wessman tells Generics Bulletin how the firm plans to move forward following the transaction.

Robert Wessman, founder and CEO of Alvogen
Robert Wessman reveals plans for the future of Alvotech • Source: Alvotech/Alvogen

As 2021 drew to a close, biosimilars specialist Alvotech revealed long-awaited plans for a public listing by announcing a deal to merge with a special purpose acquisition company in partnership with global investment giant Oaktree Capital Management.

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