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, which is in the pre-clinical phase 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, which is in early phase development to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product; AVT23, a biosimilar to Xolair, which is in late-stage development to treat nasal polyps; and AVT33, a biosimilar to an Keytruda product.
Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.
| Country | Luxembourg |
| Founded | 2013 |
| Industry | Drug Manufacturers - Specialty & Generic |
| Sector | Healthcare |
| Employees | 999 |
| CEO | Robert Wessman |
Contact Details
Address: 9, Rue de Bitbourg Luxembourg City, 1273 Luxembourg | |
| Website | alvotech.com |
Stock Details
| Ticker Symbol | ALVO |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001898416 |
| CUSIP Number | L01800108 |
| ISIN Number | LU2458332611 |
| Employer ID | 98-1629342 |
| 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 |
| Tanya Zharov | General Counsel |
| Jenny Sif Steingrimsdottir | Vice President of People and Culture |
| Anil Okay | Chief Commercial Officer |
| Ming Li | Chief Strategy Officer |
| Christina Siniscalchi | Chief Quality Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 13, 2024 | 6-K | Report of foreign issuer |
| Nov 6, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 4, 2024 | 6-K | Report of foreign issuer |
| Oct 22, 2024 | 6-K | Report of foreign issuer |
| Oct 10, 2024 | 6-K | Report of foreign issuer |
| Aug 29, 2024 | EFFECT | Notice of Effectiveness |
| Aug 29, 2024 | 424B3 | Prospectus |
| Aug 23, 2024 | UPLOAD | Filing |
| Aug 21, 2024 | F-3 | Filing |
| Aug 15, 2024 | 6-K | Report of foreign issuer |