Fundz

Alvotech Secures Financing Facilities Of Approximately $136 Million

PUBLIC · ALVONov 16, 2022

Round Type

Funding Round

ReykjavikManufacturingBiotechnologyPharmaceutical

Quick answer

Alvotech raised an undisclosed amount in a Funding Round round, dated November 16, 2022. Alvotech is based in Reykjavik, Capital Region, Iceland.

How much did Alvotech raise?
Alvotech raised an undisclosed amount in a Funding Round round on November 16, 2022.
What does Alvotech do?
Alvotech is a multinational biopharmaceutical company focused on the development and manufacturing of high quality biosimilars for global markets.
Where is Alvotech based and how big is it?
Alvotech is based in Reykjavik, Capital Region, Iceland. Fundz records about 501 employees.

Source: Fundz verified event record.

Who else raised in Pharmaceutical and Manufacturing around the same time

Companies in the same sectors as Alvotech that raised within 45 days of this round, from Fundz verified event records.

  • LAXAI raised an undisclosed amount on October 24, 2022.
  • CytoSorbents Corporation raised $5M (Debt Financing) on December 29, 2022.
  • Endovia Health Sciences, Inc. raised $4M (Seed) on December 27, 2022.
  • TRACON raised $30M (Grant) on December 27, 2022.
  • Madrigal Pharmaceuticals raised $300M (Funding Round) on December 21, 2022.
  • CARMAT raised an undisclosed amount (Funding Round) on December 19, 2022.

Who to call at Alvotech, and when

A new round usually means Alvotech is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Alvotech raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Alvotech, from your own LinkedIn network

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Company Information

Company

Alvotech

Location

Reykjavik, Capital Region, Iceland

About

Alvotech is a multinational biopharmaceutical company focused on the development and manufacturing of high quality biosimilars for global markets. We are specialists in biotechnology, seeking to be a global leader in the biosimilar space by delivering high quality, cost-competitive products and services to our partners and to patients worldwide. Our fully integrated approach, with high-quality in-house competencies throughout the value chain, enables the accelerated development of biosimilar products. Alvotech’s shareholder base includes, among others, Aztiq Pharma, led by founder and Chairman Mr. Robert Wessman, Fuji Pharma from Japan, YAS Holdings form Abu Dhabi, Shinhan from Korea, Baxter Healthcare SA from the US, ATHOS (Strüngmann Family Office) from Germany and CVC Capital Partners and Temasek from Singapore through their participation in Alvogen.

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Alvotech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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