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Alvotech to Report First Quarter 2023 Financial Results and Recent Business Highlights on May 18, 2023 and Host Conference Call on May 19, 2023 at 8:00 am ET

Key Takeaway: Alvotech (NASDAQ: ALVO) has announced that it will release its financial results for the first quarter of 2023 on May 18. The company will host a conference call for a business update on May 19. Alvotech specializes in developing biosimilar medicines and currently has eight candidates in its pipeline targeting various health conditions.

Market Sentiment Analysis

POSITIVE FACTORS

  • Alvotech is preparing to report its first quarter financial results, indicating ongoing operations.
  • The company has a robust pipeline containing eight biosimilar candidates targeting various conditions.
  • Alvotech aims to be a global leader in the biosimilar market, showcasing ambition and potential for growth.

Full Press Release Details

Alvotech (NASDAQ: ALVO), a global biotech company specialized in the development and manufacture of biosimilar medicines for patients worldwide, announced today that it will release financial results for the first quarter ended March 31, 2023, after U.S. markets close on Thursday, May 18, 2023.
Following the release, Alvotech will conduct a business update conference call with the investment community on Friday, May 19, 2023, at 8:00 am ET (12:00 pm GMT / 14:00 pm CET).  Live audio of the conference call will 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 and can be found under News and Events – Events and Presentations.  The webcast will be archived and available for replay for 90 days after the event on Alvotech’s website under News and Events – Events and Presentations
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’s current pipeline contains eight 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), 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
alvotech.ir[at]alvotech.com

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Frequently Asked Questions

When will Alvotech announce its Q1 financial results?

Alvotech will release its Q1 financial results on May 18, 2023.

What time is Alvotech's business update call?

The business update call is scheduled for May 19, 2023, at 8:00 am ET.

How can I access the Alvotech conference call?

Access information is available on Alvotech’s investor website under Events and Presentations.

What is Alvotech's main focus?

Alvotech specializes in developing and manufacturing biosimilar medicines.

What types of conditions does Alvotech's pipeline target?

Alvotech's pipeline targets autoimmune disorders, cancer, and respiratory diseases.

Last updated: May 3, 2023