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Alvotech to Report Financial Results for the First Nine Months of 2024 on November 13, 2024, and Host Conference Call on November 14, 2024, at 8:00 am ET

Key Takeaway: Alvotech (NASDAQ: ALVO) will release its financial results for the first nine months of 2024 on November 13, 2024, after market close. A conference call is scheduled for the following day to discuss these results and recent business developments. The event will be accessible via webcast and will be archived for 90 days, aiming to engage analysts, investors, and the public. Alvotech focuses on biosimilar medicines and has a robust development pipeline including nine candidates targeting various diseases.

Market Sentiment Analysis

POSITIVE FACTORS

  • Alvotech is set to report financial results, indicating active business engagement.
  • The conference call will present recent business highlights, reflecting transparency.
  • The company has a growing pipeline with nine disclosed biosimilar candidates.

Full Press Release Details

REYKJAVIK, Iceland, Oct. 30, 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 nine months of the year ended September 30, 2024, after U.S. markets close on Wednesday, November 13, 2024, and will conduct a conference call with analysts to present the financial results and recent business highlights on Thursday November 14, 2024, at 8:00 am ET (13:00 GMT).
Live audio of the conference call will also be webcast and available to members of the news media, investors, and the general public. Access information is posted on Alvotech’s investor portal https://investors.alvotech.com. A direct link to the event, with a link to the webcast and separate call-in information for analysts can be found at https://investors.alvotech.com/events/event-details/q3-2024-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), Biogaran (France), 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?

Alvotech will release its financial results on November 13, 2024.

What time is Alvotech's conference call scheduled?

The conference call is set for November 14, 2024, at 8:00 am ET.

How can I access the conference call audio?

The audio can be accessed through Alvotech’s investor portal and webcast.

What types of conditions do Alvotech's biosimilars target?

Alvotech's biosimilars are aimed at autoimmune disorders, cancer, and more.

Who are Alvotech's commercial partners?

Alvotech partners with companies like Teva, STADA, and Fuji Pharma globally.

Last updated: Oct 30, 2024