Teva Doubles Down On Alvotech Biosimilars Partnership

Invests $40m, Adds Two More Biosimilars To Deal And Actively Supports Quality Efforts

Teva will get more involved in Alvotech’s quality oversight as part of enhancements to the pair’s US biosimilars collaboration that will also see two products added to the deal, as well as a $40m investment in Alvotech from the Israeli giant.

Cogs with Quality and Manufacturing words
Teva will get more actively involved in Alvotech’s quality processes • Source: Shutterstock

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