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Alvotech announces FDA acceptance for review of Biologics License Application for AVT80, expanding proposed biosimilar program for Entyvio® to subcutaneous presentations

(Moderate)
(Very Positive)

Alvotech (NASDAQ: ALVO) announced that the U.S. FDA has accepted for review a Biologics License Application (BLA) for AVT80, a proposed interchangeable biosimilar to Entyvio (vedolizumab) in prefilled syringe and autoinjector formats for subcutaneous administration. Under Alvotech’s partnership with Teva, Alvotech leads development and manufacturing while Teva is responsible for commercialization.

The BLA is backed by analytical, pharmacokinetic and immunogenicity data, including a randomized, double-blind pivotal pharmacokinetic study in healthy adults that met all primary endpoints when comparing AVT80 to Entyvio. Regulatory advice supports using this study to demonstrate clinical similarity for both AVT80 and AVT16, Alvotech’s proposed interchangeable biosimilar to intravenous Entyvio, whose BLA was accepted by FDA in May 2026.

In the EU, the EMA has validated a Marketing Authorization Application covering both AVT16 (lyophilized vial) and AVT80 (pre-filled syringe and autoinjector). Alvotech notes that AVT16 and AVT80 remain investigational; biosimilarity and interchangeability have not yet been established or approved in any market.

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Positive

  • FDA BLA acceptance for AVT80 as SC Entyvio biosimilar candidate
  • Pivotal PK study for AVT80 met all primary endpoints vs Entyvio
  • Dual-route vedolizumab program with BLA submissions for both AVT16 (IV) and AVT80 (SC)
  • EMA validation of Marketing Authorization Application covering AVT16 and AVT80 in the EU
  • Commercial partnership with Teva with clear split of development and commercialization roles

Negative

  • AVT16 and AVT80 remain investigational with no regulatory approvals in any market
  • Biosimilarity and interchangeability for AVT16 and AVT80 have not yet been established by regulators

Market Context

Tag-specific clinical-trial events averaged a 10.95% move in the platform record. That history provi...
Analysis

Tag-specific clinical-trial events averaged a 10.95% move in the platform record. That history provides context for AVT80's review acceptance, while the candidate remained investigational and lacked regulatory approval.

Key Figures

Study Arms: 3 arms Approved Biosimilars: 5 biosimilars AVT16 BLA Acceptance: May 2026 +1 more
4 metrics
Study Arms 3 arms Pivotal pharmacokinetic study
Approved Biosimilars 5 biosimilars Already approved and marketed in multiple global markets
AVT16 BLA Acceptance May 2026 FDA acceptance for review
Program Candidates 2 candidates AVT16 and AVT80

Previous Clinical trial Reports

2 past events · Latest: Jun 08 (Positive)
Same Type Pattern 2 events
Date Event Sentiment 24h Move Catalyst
Jun 08 FDA BLA acceptance Positive +19.8% FDA accepted AVT16's BLA; pivotal AVT80 study supported clinical similarity
Dec 16 Clinical trial initiation Positive +2.1% Senti Bio announced first patient dosing for SN301A with Celest Therapeutics

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The two tag-matched events both had positive 24-hour reactions; the Alvotech AVT16 event was followed by a 19.77% move.

Key Terms

biologics license application, interchangeable biosimilar, pharmacokinetic, immunogenicity
4 terms
biologics license application regulatory
"FDA has accepted for review a Biologics License Application (BLA) for AVT80"
A biologics license application is a formal request submitted to regulatory authorities seeking approval to market a new biological medicine, such as vaccines or treatments made from living organisms. It is a comprehensive review process that evaluates the safety, effectiveness, and manufacturing quality of the product. For investors, receiving approval signals that a biological therapy can be sold to the public, potentially leading to revenue growth and market success.
interchangeable biosimilar medical
"a proposed interchangeable biosimilar to Entyvio"
An interchangeable biosimilar is a version of a complex biological medicine that regulators have judged to be so similar to the original product that it can be substituted at the pharmacy without a new prescription. For investors, interchangeability matters because it usually speeds patient access and enables automatic substitution, which can sharply increase market share for the cheaper product and put pricing pressure on the original drug, affecting future revenues and margins.
pharmacokinetic medical
"including analytical, pharmacokinetic, and immunogenicity data"
Pharmacokinetic describes how a drug moves through and leaves the body — how it is absorbed, spread to tissues, broken down and excreted — like tracking a package from pickup to delivery and disposal. For investors, these properties determine effective dose, safety risks, how often a medicine must be taken, and how reliably it works, which in turn influence clinical trial success, regulatory approval chances, production complexity and a drug’s commercial value.
immunogenicity medical
"including analytical, pharmacokinetic, and immunogenicity data"
Immunogenicity is the ability of a substance, such as a vaccine or medication, to provoke an immune response in the body. It matters to investors because high immunogenicity can affect the effectiveness and safety of a product, potentially leading to increased costs or regulatory challenges. Understanding immunogenicity helps assess the long-term viability and market potential of pharmaceutical and biotech investments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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REYKJAVIK, Iceland, August 31, 2026 - Alvotech (NASDAQ: ALVO; ALVO-SDB), a global biotechnology company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that the U.S. Food and Drug Administration (FDA) has accepted for review a Biologics License Application (BLA) for AVT80, a proposed interchangeable biosimilar to Entyvio® (vedolizumab) prefilled syringe and autoinjector for subcutaneous administration.

Under a partnership with Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA), Alvotech is responsible for the development and manufacturing of AVT80, while Teva is responsible for commercialization.

“FDA’s acceptance for review of our BLA for AVT80 is another important milestone for our vedolizumab biosimilar program,” said Joseph McClellan, Chief Operating Officer of Alvotech. “Together with our BLA for AVT16, which was accepted for review in May, the program encompasses both intravenous and subcutaneous presentations, including a prefilled syringe and autoinjector.”

Entyvio is a biologic medicine approved for the treatment of adults with moderately to severely active ulcerative colitis and Crohn’s disease.

The BLA submission is supported by a comprehensive data package, including analytical, pharmacokinetic, and immunogenicity data generated to support the demonstration of biosimilarity between AVT80 and the reference product.

AVT80 has been submitted as a proposed interchangeable biosimilar. In the United States, an interchangeable biosimilar may be substituted for the reference product at the pharmacy without the intervention of the prescriber, subject to applicable laws. If approved, AVT80 would add to the range of biosimilar options available to patients and healthcare providers in the United States.

In February 2026, Alvotech announced positive results from a pivotal pharmacokinetic study for AVT80. The randomized, double-blind, single-dose, parallel-group, three-arm study compared AVT80 to Entyvio in healthy adult participants and met all its primary endpoints. Based on regulatory advice, the clinical study is considered pivotal to support the demonstration of clinical similarity for both AVT16 and AVT80.

About AVT80 and AVT16

AVT80 is a proposed interchangeable biosimilar candidate to Entyvio (vedolizumab), a humanized monoclonal antibody. It is being developed as a prefilled syringe and autoinjector for subcutaneous administration. AVT80 complements AVT16, Alvotech’s proposed interchangeable biosimilar to Entyvio for intravenous administration for which the FDA accepted a BLA for review in May 2026. In the European Union, the European Medicines Agency has validated a Marketing Authorization Application covering both AVT16 (lyophilized vial) and AVT80 (pre-filled syringe and autoinjector).

Together these two candidates form part of Alvotech’s broader pipeline of biosimilar candidates in immunology aimed at expanding access to biologic medicines in major therapeutic areas.

AVT16 and AVT80 are investigational products and have not received regulatory approval in any markets. Biosimilarity and interchangeability have not been established by regulatory authorities and are not claimed.

About Entyvio

Entyvio (vedolizumab) is an integrin receptor antagonist indicated for the treatment of adults with moderately to severely active ulcerative colitis and Crohn’s disease. Vedolizumab targets and binds specifically to the alpha-4-beta-7 integrin, which is involved in the migration of certain white blood cells into gastrointestinal tissue.

Use of trademarks

Entyvio is a registered trademark of Millennium Pharmaceuticals, Inc. The use of this trademark is solely for the purpose of identifying the reference product. Alvotech and Teva do not claim any rights to the trademark.

For further information, contact:

Media
Benedikt Stefansson
Sarah MacLeod
alvotech.media@alvotech.com

Investors
Dr. Balaji V Prasad
Benedikt Stefansson
Mikaela Vilchez
alvotech.ir@alvotech.com

About Alvotech

Alvotech is a biotechnology company, founded by Robert Wessman, focused solely on the development and manufacture of biosimilar medicines for patients worldwide. Alvotech seeks to be a global leader in the biosimilar space by delivering high-quality, cost-effective products and services, enabled by a fully integrated approach and broad in-house capabilities. Five biosimilars are already approved and marketed in multiple global markets, including biosimilars to Humira® (adalimumab), Stelara® (ustekinumab), Simponi® (golimumab), Eylea® (aflibercept) and Prolia®/Xgeva® (denosumab). The current development pipeline includes disclosed biosimilar candidates aimed at treating autoimmune disorders, eye disorders, and cancer. Alvotech has formed a network of strategic commercial partnerships to provide global reach and leverage local expertise in markets that include the United States, Europe, Japan, China, and other Asian countries and large parts of South America, Africa and the Middle East. For more information, please visit https://www.alvotech.com. None of the information on the Alvotech website shall be deemed part of this press release.

For more information, please visit our  website or follow us on social media on LinkedInFacebookInstagram, and YouTube.

Forward Looking Statements

Certain statements in this communication may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements include, for example, Alvotech’s expectations regarding competitive advantages, business prospects and opportunities including pipeline product development, future plans and intentions, regulatory submissions, review and interactions, the potential approval and commercial launch of its product candidates, the timing of regulatory approval, market launches and financial projections. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Alvotech and its management, are inherently uncertain and are inherently subject to risks, variability, and contingencies, many of which are beyond Alvotech’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in documents that Alvotech may from time-to-time file or furnish with the SEC. There may be additional risks that Alvotech does not presently know or that Alvotech currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by an investor as, a guarantee, assurance, prediction or definitive statement of a fact or probability. Alvotech does not undertake any duty to update these forward-looking statements or to inform the recipient of any matters of which any of them becomes aware of which may affect any matter referred to in this communication. Alvotech disclaims any and all liability for any loss or damage (whether foreseeable or not) suffered or incurred by any person or entity as a result of anything contained or omitted from this communication and such liability is expressly disclaimed.


FAQ

What did the FDA accept for review in Alvotech (ALVO) AVT80 announcement on August 31, 2026?

The FDA accepted a Biologics License Application for AVT80, Alvotech’s proposed interchangeable biosimilar to Entyvio for subcutaneous use. According to Alvotech, the BLA covers prefilled syringe and autoinjector presentations and is supported by analytical, pharmacokinetic, and immunogenicity data.

What is AVT80 in Alvotech’s (NASDAQ: ALVO) vedolizumab biosimilar program?

AVT80 is a proposed interchangeable biosimilar candidate to Entyvio (vedolizumab) for subcutaneous administration. According to Alvotech, it is being developed as a prefilled syringe and autoinjector and complements AVT16, the company’s proposed intravenous vedolizumab biosimilar candidate.

How are Alvotech and Teva collaborating on AVT80 and what does it mean for ALVO investors?

Alvotech is responsible for development and manufacturing of AVT80, while Teva handles commercialization. According to Alvotech, this partnership combines Alvotech’s biosimilar development capabilities with Teva’s commercial infrastructure, potentially supporting future market access if regulatory approvals are obtained.

What were the pivotal clinical results supporting Alvotech’s (ALVO) AVT80 BLA for Entyvio biosimilar?

A randomized, double-blind, single-dose, three-arm pharmacokinetic study in healthy adults compared AVT80 to Entyvio and met all primary endpoints. According to Alvotech, regulators consider this study pivotal to support demonstrating clinical similarity for both AVT16 and AVT80.

How does AVT80 relate to AVT16 in Alvotech’s Entyvio biosimilar strategy?

AVT16 targets intravenous Entyvio and AVT80 targets subcutaneous Entyvio, together covering both routes. According to Alvotech, FDA has accepted BLAs for both candidates, and the EMA has validated a Marketing Authorization Application including AVT16 and AVT80.

Are Alvotech’s Entyvio biosimilar candidates AVT16 and AVT80 already approved or interchangeable?

No, AVT16 and AVT80 remain investigational products without regulatory approval in any market. According to Alvotech, biosimilarity and interchangeability for these candidates have not been established by any regulatory authority and are not currently claimed.