Alvotech Raises Further Funds After FDA Green Light

Biosimilars Developer Accepts $166m Offer For 10.1m Shares Following US Approval

Alvotech has announced a share sale that will raise $166m for the biosimilars developer, in the wake of its recent US Food and Drug Administration approval for its AVT02 adalimumab biosimilar, Simlandi.

Closeup green traffic light.Macro photo.Street.Concept green light
Alvotech recently received an FDA green light for its adalimumab biosimilar

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