Alvotech Makes Multiple Moves As It Allies With Advanz For Five European Biosimilars

Firm Also Drops Products From Stada Deal And Reveals A Pair Of New Pipeline Products

In a busy week for Alvotech, the firm has announced an expansion of its partnership with Advanz to cover five further European biosimilars, at the same time as revealing two new pipeline assets. Meanwhile, the company has also dropped three products from an existing European partnership with Stada and has also terminated a development deal with BiosanaPharma.

Close up of number on 5 Euro note
The deal with Advanz covers five biosimilars in Europe • Source: Shutterstock

Key Takeaways

  • Alvotech and Advanz have partnered to commercialize five proposed biosimilars in Europe

  • Alvotech has also just disclosed Entyvio (vedolizumab) and Keytruda (pembrolizumab) biosimilar candidates in its pipeline

  • The Advanz deal includes biosimilars to Simponi (golimumab), Entyvio (vedolizumab) and three additional undisclosed products

  • Alvotech and Stada have dropped the Simponi (golimumab) and Entyvio (vedolizumab) biosimilars as well as a Prolia/Xgeva (denosumab) rival from their partnership

  • Alvotech has also announced the termination of a co-development deal with BiosanaPharma for a biosimilar Xolair (omalizumab) candidate

  • Alvotech also provided the latest update on progress towards obtaining US FDA approval for its Humira (adalimumab) biosimilar

Alvotech has announced a five-product biosimilar commercialization deal with Advanz Pharma in Europe, capping a busy week that has also seen the biosimilars developer

One of these involved revealing biosimilar Entyvio (vedolizumab) and Keytruda (pembrolizumab) candidates as part of its pipeline, while Alvotech has also dropped three products from its existing deal with Stada and has terminated a co-development licensing deal

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