Alvotech stock slides as FDA issues CRL for AVT05, company cuts EBITDA outlook

14 hours ago 1
Scientist analyze biochemical samples in advanced scientific laboratory. Medical professional use microscope look microbiological developmental of viral. Biotechnology research in science lab.

Alvotech (ALVO) said Monday that the U.S. Food and Drug Administration issued a complete response letter for its biologics license application for AVT05, a proposed biosimilar to Simponi and Simponi Aria, sending the company’s shares 22% lower in

Recommended For You

More Trending News

Read Entire Article