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ALVO INVESTOR ALERT: Hagens Berman Investigates Alvotech (ALVO) for Potential Securities Fraud Following Massive FDA-Induced Stock Crash
Prnewswire· 2026-01-14 19:30
SAN FRANCISCO, Jan. 14, 2026 /PRNewswire/ -- National shareholder rights firm Hagens Berman is investigating Alvotech (NASDAQ: ALVO) regarding the propriety of its disclosures concerning the company's manufacturing operations and the regulatory status of its lead biosimilar candidate, AVT05. The investigation follows a staggering 34% stock drop after Alvotech revealed it received a "Complete Response Letter" (CRL) from the FDA. ...
Bragar Eagel & Squire, P.C. Continues Investigations into Alvotech and Beyond Meat on Behalf of Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2026-01-13 20:22
NEW YORK, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Beyond Meat, Inc. (NASDAQ:BYND) and Alvotech (NASDAQ:ALVO). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. Beyond Meat, Inc. (NASDAQ:BYND) On October 24, 2025, Beyond Meat ...
Alvotech (ALVO) Secures $100 Million in New Financing
Yahoo Finance· 2026-01-09 08:16
Alvotech (NASDAQ:ALVO) is one of the 12 Stocks that Will Bounce Back According to Wall Street Analysts. On December 31, Alvotech (NASDAQ:ALVO) reported that it has secured a $100 million senior term loan facility that will mature in December 2027. This financing will strengthen the company’s liquidity and support the execution of its strategic priorities in 2026. Led by GoldenTree Asset Management, this transaction will provide Alvotech (NASDAQ:ALVO) with funding from investors who are confident in the c ...
Correction: Transactions of Managers and Closely Associated Persons
Globenewswire· 2026-01-07 22:00
Attached are copies of two filings with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions of managers and closely associated persons. ATP Holdings ehf. announced two transactions, an acquisition of 4,812,257 shares in Alvotech on December 17, 2025, and a sale of 2,110,640 shares in Alvotech on December 19, 2025. The transaction price in both cases was SEK 44.06 per share. (In the original version of the announcement issued on January 6, 2025, the December 19, 2025, ...
Alvotech announces planned CEO succession and leadership transition
Globenewswire· 2026-01-06 12:15
Core Insights - Alvotech, a biotechnology company focused on biosimilar medicines, announced leadership changes with Róbert Wessman transitioning from CEO to Executive Chairman and Lisa Graver appointed as the new CEO [1][10] Leadership Transition - Róbert Wessman has been with Alvotech since its founding in 2013 and will continue to serve as Executive Chairman, focusing on strategy and business development [1][3] - Lisa Graver, who has over 25 years of experience in the pharmaceutical sector, will take over as CEO, having previously served as CEO of Alvogen and a board member of Alvotech since 2022 [3][5] Company Strategy and Operations - The leadership transition is aimed at strengthening Alvotech's operations in Iceland, where the company is based, and ensuring continuity during the handover process [3][4] - Alvotech has a robust pipeline with 30 products in development and five biosimilars currently on the market, including treatments for autoimmune disorders and cancer [3][6] Market Position - Alvotech aims to be a global leader in the biosimilar market, leveraging its integrated approach and extensive partnerships to enhance its reach in various regions, including the US, Europe, and Asia [6]
Alvotech Secures Term Loan Facility of USD 100 Million
Globenewswire· 2025-12-31 21:30
Core Viewpoint - Alvotech has secured a USD 100 million senior term loan facility to enhance liquidity and support its strategic priorities, particularly in R&D and global product launches through 2026 [1][2]. Financing Details - The senior term loan facility amounts to USD 100 million with a maturity date in December 2027 and an interest rate of 12.50%, payable monthly in cash [3]. - This financing replaces a previously disclosed working capital facility and provides Alvotech with full access to the USD 100 million throughout the loan term, offering enhanced operational flexibility [3]. Strategic Implications - The financing is led by GoldenTree Asset Management, reflecting their long-term commitment and alignment with Alvotech's growth strategy [2]. - Alvotech's R&D pipeline includes 30 products in development, positioning it among the most valuable biosimilar portfolios in the industry [2]. - The company is also expanding its production capacity and strengthening its supply chain to support four new global product launches through 2026 [2]. Recent Financial Activities - This term loan follows a strategic refinancing transaction maturing in June 2029, also led by GoldenTree, and a recent repricing of an existing facility to an interest rate of SOFR plus 6.0%, approximately 9.8% based on the 30-day average SOFR rate of ~3.8% [4]. - Alvotech has successfully placed USD 108 million in senior unsecured convertible bonds due 2030, further reinforcing its capital structure [4]. Company Overview - Alvotech is focused on developing and manufacturing biosimilar medicines, aiming to be a global leader in the biosimilar space by delivering high-quality, cost-effective products [5]. - The company has five biosimilars approved and marketed in multiple global markets, with a current development pipeline that includes nine disclosed biosimilar candidates targeting various diseases [5].
Alvotech Secures Term Loan Facility of USD 100 Million
Globenewswire· 2025-12-31 21:30
USD 100 million senior term loan facility with a 2-year maturityStrengthens liquidity to support execution across Alvotech’s R&D pipeline and global product launches through 2026Led by GoldenTree Asset Management REYKJAVIK, ICELAND (December 31, 2025) — Alvotech (NASDAQ: ALVO), a global biotechnology company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced a USD 100 million senior term loan facility with maturity in December 2027 aimed at stren ...
Alvotech's Financial Calendar for 2026
Globenewswire· 2025-12-22 20:26
Alvotech (NASDAQ: ALVO, ALVO SDB) today publishes its financial calendar for 2026. Annual or interim results are released on the dates specified below, after the close of U.S. markets. An investor call is held on the following day, after release of the results. March 18, 2026: Q4 2025 – full-year 2025May 6, 2026: Q1 2026August 19, 2026: Q2 2026 – first six monthsNovember 11, 2026: Q3 2026 – first nine monthsMarch 10, 2027: Q4 2026 – full-year 2026June 3, 2026: Annual General Meeting (held in Luxembourg) Ple ...
Alvotech announces European launch of first-in-market biosimilar to Simponi® (golimumab) globally by partner Advanz Pharma
Globenewswire· 2025-12-22 07:00
Core Insights - Alvotech has launched Gobivaz® (golimumab), the first marketed biosimilar to Simponi® worldwide, in Europe, with exclusive commercialization by Advanz Pharma [1][3] - The introduction of Gobivaz in the UK is supported by a National Health Service (NHS) England tender award, enhancing access to biologic treatments for immune-mediated inflammatory diseases [2] - Gobivaz's approval was backed by extensive analytical, pre-clinical, and clinical studies demonstrating its biosimilarity to the reference product, and it is manufactured at Alvotech's facility in Iceland [3] Company Overview - Alvotech is a biotechnology company focused on developing and manufacturing biosimilar medicines globally, aiming to be a leader in the biosimilar market by providing high-quality, cost-effective products [4] - The company has five biosimilars approved and marketed in various global markets, including those for Humira®, Stelara®, Simponi®, Eylea®, and Prolia®/Xgeva®, with a pipeline of nine additional biosimilar candidates targeting various diseases [4] - Alvotech has established strategic commercial partnerships to enhance its global reach and leverage local expertise across markets including the US, Europe, Japan, China, and parts of South America, Africa, and the Middle East [4]
Alvotech (ALVO): Firm Reaffirms 2025 Growth Outlook
Yahoo Finance· 2025-12-21 14:03
Alvotech (NASDAQ:ALVO) is one of the Stocks That Could Mint Millionaires in 2026. Alvotech (ALVO): Firm Reaffirms 2025 Growth Outlook The firm recently launched a $100 million offering of senior unsecured convertible notes due 2030 and reaffirmed its 2025 outlook while providing initial guidance for 2026. In 2026, Alvotech anticipates total revenues in the range of $650-$700 million, reflecting continued sales growth. Adjusted EBITDA is expected to increase to $180-$220 million, supported by higher volum ...