Alvotech and Teva have announced a settlement and licensing agreement with Johnson & Johnson that will allow Teva to launch the Alvotech-developed AVT04 proposed biosimilar to Stelara (ustekinumab) in the US “no later than 21 February 2025.”
While Teva and Alvotech’s proposed ustekinumab biosimilar is just one of many in development around the globe, AVT04 is one of only two Stelara rivals that has been confirmed to have been filed with the US Food and Drug Administration, with FDA review of the candidate expected to be complete in the second half of this year
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