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Alvotech to Report Financial Results for the First Half of 2024 on August 15, 2024, and Host Conference Call on August 16, 2024, at 8:00 am ET

Key Takeaway: Alvotech (NASDAQ: ALVO) plans to report its financial results for the first half of 2024 on August 15, 2024, after the U.S. market closes. A conference call to discuss these results and business highlights will be held on August 16, 2024, at 8:00 am EDT. The event will be available as a live webcast and will be archived for 90 days for replay. Alvotech continues to focus on the development of biosimilar medicines and has established partnerships for wider market reach.

Market Sentiment Analysis

POSITIVE FACTORS

  • Alvotech is set to release its financial results, indicating ongoing financial activity.
  • The company is focused on developing and manufacturing biosimilar medicines, reflecting a commitment to healthcare improvement.
  • A conference call will provide insights into business highlights, enhancing transparency for stakeholders.

Full Press Release Details

REYKJAVIK, Iceland, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specialized in the development and manufacture of biosimilar medicines for patients worldwide, will release financial results for first half of the year ended June 30, 2024, after U.S. markets close on Thursday, August 15, 2024, and will conduct a conference call with analysts to present the financial results and recent business highlights on Friday August 16, 2024, at 8:00 am EDT (12 noon GMT).
Live audio of the conference call will also be webcast and available to members of the news media, investors, and the general public.  Information on how to access the webcast or participate by conference call is posted on Alvotech’s investor website https://investors.alvotech.com. A direct link to the event is https://investors.alvotech.com/events/event-details/q2-2024-earnings. The webcast will also be archived and available for replay for 90 days after the event.
Alvotech is a biotech 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. Alvotech has launched two biosimilars. The current development pipeline includes nine disclosed biosimilar candidates aimed at treating autoimmune disorders, eye disorders, osteoporosis, respiratory disease, 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. Alvotech’s commercial partners include Teva Pharmaceuticals, a US affiliate of Teva Pharmaceutical Industries Ltd. (US), STADA Arzneimittel AG (EU), Fuji Pharma Co., Ltd (Japan), Advanz Pharma (EEA, UK, Switzerland, Canada, Australia and New Zealand), Dr. Reddy’s (EEA, UK and US), Cipla/Cipla Gulf/Cipla Med Pro (Australia, New Zealand, South Africa/Africa), JAMP Pharma Corporation (Canada), Yangtze River Pharmaceutical (Group) Co., Ltd. (China), DKSH (Taiwan, Hong Kong, Cambodia, Malaysia, Singapore, Indonesia, India, Bangladesh and Pakistan), YAS Holding LLC (Middle East and North Africa), Abdi Ibrahim (Turkey), Kamada Ltd. (Israel), Mega Labs, Stein, Libbs, Tuteur and Saval (Latin America) and Lotus Pharmaceuticals Co., Ltd. (Thailand, Vietnam, Philippines, and South Korea). Each commercial partnership covers a unique set of product(s) and territories. Except as specifically set forth therein, Alvotech disclaims responsibility for the content of periodic filings, disclosures and other reports made available by its partners. For more information, please visit www.alvotech.com. None of the information on the Alvotech website shall be deemed part of this press release.
ALVOTECH INVESTOR RELATIONS AND GLOBAL COMMUNICATIONS
Benedikt Stefansson, VP

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Frequently Asked Questions

When will Alvotech release its financial results for 2024?

Alvotech will release its financial results on August 15, 2024.

What time is the conference call for Alvotech's financial results?

The conference call is scheduled for August 16, 2024, at 8:00 am EDT.

Where can I access the Alvotech conference call webcast?

The webcast can be accessed on Alvotech's investor website.

How many biosimilar candidates is Alvotech developing?

Alvotech's current pipeline includes nine disclosed biosimilar candidates.

Who are Alvotech's commercial partners?

Alvotech has numerous commercial partners including Teva and STADA Arzneimittel.

Last updated: Aug 1, 2024