Alvotech (ICE:ALVO)
Iceland flag Iceland · Delayed Price · Currency is ISK
1,130.00
-20.00 (-1.74%)
At close: Aug 1, 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
CountryLuxembourg
Founded2013
IndustryDrug Manufacturers - Specialty & Generic
SectorHealthcare
Employees1,012
CEORobert Wessman

Contact Details

Address:
9, Rue de Bitbourg
Luxembourg, 1273
Luxembourg
Phone354 422 4500
Websitealvotech.com

Stock Details

Ticker SymbolALVO
ExchangeNasdaq Iceland
Fiscal YearJanuary - December
Reporting CurrencyUSD
ISIN NumberLU2458332611
SIC Code2836

Key Executives

NamePosition
Robert WessmanChief Executive Officer, Founder and Executive Chairman
Faysal KalmouaChief Operating Officer
Linda JonsdottirChief Financial Officer
Giedrius ZundaChief Technical Officer
Joseph E. McClellanChief Scientific Officer
Benedikt StefanssonVice President of Investor Relations and Global Communications
Tanya ZharovGeneral Counsel
Jenny Sif SteingrimsdottirVice President of People and Culture
Anil OkayChief Commercial Officer
Anthony M. Maffia IIIChief Regulatory Affairs Officer