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Alvotech Stock Price, News & Analysis

ALVO Nasdaq

Welcome to our dedicated page for Alvotech news (Ticker: ALVO), a resource for investors and traders seeking the latest updates and insights on Alvotech stock.

Alvotech (ALVO) is a pioneering biotech company specializing in biosimilar medicines, offering patients worldwide access to high-quality alternatives to biologic therapies. This page aggregates official announcements, financial updates, and strategic developments critical for understanding the company's market position.

Access real-time updates on regulatory milestones, manufacturing expansions, and partnership agreements that drive Alvotech's mission to deliver cost-effective therapies. Users will find earnings reports, pipeline progress, and market authorization news across therapeutic areas including immunology and oncology.

Key updates include biosimilar candidate developments, quality compliance achievements, and global distribution agreements. Bookmark this page for streamlined tracking of Alvotech's operational advancements and industry contributions.

News

Main Results of 2025 Annual and Extraordinary General Meeting

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Alvotech (ALVO) held its 2025 Annual and Extraordinary General Meeting on June 25, 2025 in Luxembourg. The company announced that all proposed resolutions on the meeting agenda were successfully approved by shareholders. The official notarized meeting minutes and detailed voting results will be made available on the company's investor relations website.

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Positive Top Line Results from Confirmatory Efficacy Study for Proposed Biosimilar to Xolair® (omalizumab)

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Alvotech (NASDAQ: ALVO), in partnership with Kashiv Biosciences and Advanz Pharma, announced positive topline results from their confirmatory efficacy study for AVT23, a proposed biosimilar to Xolair® (omalizumab). The study met its primary endpoint, demonstrating therapeutic equivalence and comparable safety to Xolair® in patients with Chronic Spontaneous Urticaria (CSU).

The double-blind study enrolled 600 patients, with 400 receiving the confirmatory dose of 300mg. The primary efficacy measure focused on changes in weekly Itch Severity Score at Week 12. The UK MHRA has already validated the marketing authorization application, with an EMA filing expected by year-end.

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European Medicines Agency Recommends Market Approval of AVT06, Alvotech’s Proposed Biosimilar to Eylea® (aflibercept)

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Alvotech (NASDAQ: ALVO) and Advanz Pharma announced that the EMA's Committee for Medicinal Products for Human Use (CHMP) has recommended approval for AVT06, their proposed biosimilar to Eylea (aflibercept 2 mg). The biosimilar is intended to treat various eye disorders including wet age-related macular degeneration, visual impairment due to macular oedema, diabetic macular oedema, and myopic choroidal neovascularisation. Alvotech will handle development and commercial supply, while Advanz Pharma will manage registration and exclusive commercialization in most European countries. Notably, Eylea's global sales reached approximately $9 billion in 2024, with one-third coming from Europe. A confirmatory clinical study completed in January 2024 demonstrated therapeutic equivalence between AVT06 and Eylea. Additionally, Alvotech is developing AVT29, a proposed biosimilar to the higher-dose Eylea HD (aflibercept 8 mg).
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Alvotech’s Private Placement Completed with Delivery of SDRs and Shares to Investors

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Alvotech (NASDAQ: ALVO) has successfully completed a private placement of shares and Swedish Depositary Receipts (SDRs) announced on June 4, 2025. The placement attracted approximately 40 institutional investors, with 60% of demand coming from Sweden, Norway, and UK investors, and 30% from US-based funds. Notably, over 80% of the allocated shares and SDRs were purchased by new investors. The placement involved the transfer of 7.5 million treasury shares from Alvotech's subsidiary Alvotech Manco ehf. According to CEO Róbert Wessman, this placement will diversify and strengthen Alvotech's shareholder base while increasing the free float of SDRs on Nasdaq Stockholm, where approximately 8.5 million SDRs are currently trading.
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Alvotech Meets Investors and Presents at the Goldman Sachs Global Healthcare Conference in Miami

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Alvotech (NASDAQ: ALVO), a global biotech company focused on biosimilar medicines development, announced its participation in the Goldman Sachs 46th Global Healthcare Conference in Miami from June 9-11, 2025. The company's management team will conduct one-on-one meetings during the event. Dr. Balaji Prasad, Chief Strategy Officer, will participate in a fireside chat on June 11 at 8:00 am EDT. The session will be webcast live and accessible to the public through Alvotech's investor relations website, with a replay available for 90 days following the event.
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Alvotech Participates in the Goldman Sachs Global Healthcare Conference in Miami

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Alvotech (NASDAQ: ALVO), a global biotech company focused on biosimilar medicines development, announced its participation in the Goldman Sachs 46th Global Healthcare Conference in Miami from June 9-11, 2025. The company's management team will conduct one-on-one meetings during the event. Chief Strategy Officer Dr. Balaji Prasad will participate in a fireside chat on June 11, 2025, at 8:00 am EDT. The session will be publicly accessible via webcast through Alvotech's investor relations website, with a replay available for 90 days following the event.
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Alvotech and Dr. Reddy’s Enter into Collaboration to Co-Develop Biosimilar Candidate to Keytruda® (pembrolizumab)

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Alvotech (NASDAQ: ALVO) and Dr. Reddy's Laboratories have announced a strategic collaboration to co-develop, manufacture, and commercialize a biosimilar version of Keytruda (pembrolizumab), a major cancer treatment drug. The partnership leverages both companies' biosimilar expertise to accelerate development and expand global reach. Under the agreement, both parties will share development costs, manufacturing responsibilities, and commercialization rights globally. This collaboration targets a significant market opportunity, as Keytruda generated US$29.5 billion in worldwide sales in 2024. The partnership aims to increase the availability of cost-effective biologic medications for cancer treatment worldwide, with oncology being a key focus area for both companies.
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Alvotech has carried out a private placement of 7,500,000 SDRs and ordinary shares at a price of SEK 100.00 per SDR and ISK 1320.83 per ordinary share, raising gross proceeds of SEK 750 million

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Alvotech (NASDAQ: ALVO) has successfully completed a private placement of 7.5 million shares, comprising 5,833,500 SDRs and 1,666,500 ordinary shares, priced at SEK 100.00 per SDR and ISK 1320.83 per ordinary share. The placement raised SEK 750 million in gross proceeds, with strong interest primarily from Swedish and international investors outside Iceland. The funds will be used to scale up R&D efforts, particularly in Sweden following the Xbrane R&D operations acquisition, capitalize on growth opportunities, and for general corporate purposes. Settlement is expected around June 10, 2025. The company and its executives have agreed to lock-up periods of 180 days, while major shareholders have committed to 90-day lock-up periods.
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Alvotech intends to carry out a private placement of approximately 7.5 million SDRs and ordinary shares

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Alvotech (NASDAQ: ALVO) announces plans to conduct a private placement of approximately 7.5 million Swedish Depository Receipts (SDRs) and ordinary shares, targeting Swedish and international institutional investors through an accelerated bookbuilding process. The offering will utilize existing treasury shares, with DNB Carnegie, Citi, SEB, and ACRO serving as Joint Bookrunners. The placement aims to strengthen Alvotech's shareholder base, particularly in Sweden following its recent Nasdaq Stockholm listing. Proceeds will fund R&D activities expansion, especially in Sweden after acquiring Xbrane's R&D operations. The company and insiders have agreed to lock-up periods ranging from 90-180 days post-settlement. Major shareholders Aztiq Pharma, Alvogen Lux, and Celtic Holdings II are maintaining their positions.
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Alvotech Completes Acquisition of Xbrane R&D Organization and biosimilar candidate to Cimzia®

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Alvotech (NASDAQ: ALVO) has completed its acquisition of Xbrane Biopharma AB's R&D organization in Sweden and its biosimilar candidate to Cimzia® (certolizumab pegol). The transaction, valued at approximately SEK 275 million (US$28.9 million), includes a cash payment of SEK 102.2 million, convertible debt assumption of SEK 152.75 million, and accounts payable assumption of SEK 20 million related to the biosimilar candidate. The acquisition, which received approval from Xbrane's Extraordinary General Meeting on April 14, 2025, aims to expand Alvotech's development capabilities and establish a strong presence in the Swedish life science sector.
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FAQ

What is the current stock price of Alvotech (ALVO)?

The current stock price of Alvotech (ALVO) is $8.58 as of October 6, 2025.

What is the market cap of Alvotech (ALVO)?

The market cap of Alvotech (ALVO) is approximately 2.6B.
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Alvotech

Nasdaq:ALVO

ALVO Rankings

#1909 Ranked by Market Cap
N/A Ranked by Dividends

ALVO Stock Data

2.59B
117.75M
61.79%
6.49%
0.47%
Drug Manufacturers - Specialty & Generic
Healthcare
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Luxembourg
Luxembourg City