Alvotech (ICE:ALVO)
Iceland flag Iceland · Delayed Price · Currency is ISK
1,090.00
-15.00 (-1.36%)
At close: Apr 16, 2025

Alvotech Company Description

Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide.

It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer.

The company’s lead program is AVT02, a high concentration formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn’s disease, ulcerative colitis, plaque psoriasis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn’s disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as age-related macular degeneration, macular edema, and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass.

In addition, it offers AVT05, a biosimilar to Simponi and Simponi Aria to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product for the treatment of adult patients with moderate to severe ulcerative colitis and moderate to severely active Crohn’s disease; AVT23, a biosimilar to Xolair to treat allergic asthma, chronic spontaneous urticaria (CSU), and nasal polyp; and AVT33, a biosimilar to Keytruda product which is in early phase development.

Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.

Alvotech
Country Luxembourg
Founded 2013
Industry Drug Manufacturers - Specialty & Generic
Sector Healthcare
Employees 1,012
CEO Robert Wessman

Contact Details

Address:
9, Rue de Bitbourg
Luxembourg, 1273
Luxembourg
Phone 354 422 4500
Website alvotech.com

Stock Details

Ticker Symbol ALVO
Exchange Nasdaq Iceland
Fiscal Year January - December
Reporting Currency USD
ISIN Number LU2458332611
SIC Code 2836

Key Executives

Name Position
Robert Wessman Chief Executive Officer, Founder and Executive Chairman
Faysal Kalmoua Chief Operating Officer and Director
Joel Morales Chief Financial Officer
Giedrius Zunda Chief Technical Officer
Joseph E. McClellan Chief Scientific Officer
Benedikt Stefansson Vice President of Investor Relations and Global Communications
Tanya Zharov General Counsel
Jenny Sif Steingrimsdottir Vice President of People and Culture
Anil Okay Chief Commercial Officer