Alvotech Taps Equity Financing As Venture Bears Fruit In Saudi Arabia

Icelandic Firm Expects To Bring In North Of $135m Via Private Placement

Alvotech has once again raised more than $100m in financing, the second time in a matter of months, via a private placement involving what it expects to be previously issued treasury shares held by one of its subsidiaries.

Financing
Alvotech's shares fetched a little over $11.50 • Source: Shutterstock

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