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Alvotech Provides Update on the Status of U.S. Biologics License Application for AVT05 - Alvotech (NASDAQ:ALVO)

Summary by Benzinga
REYKJAVIK, Iceland, Nov. 02, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ:ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today

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The US Food and Drug Administration (FDA) is currently unable to grant Alvotech a marketing authorization in Iceland for the biotech drug AVT05 in a pre-filled syringe and pen, which is a analogue of the biotech drug Simponi. It is used to treat various inflammatory diseases. In a statement from Alvotech, the FDA said it cannot grant a license until Alvotech has responded satisfactorily to comments it made to the company in July following an ins…

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stocktitan.net broke the news in on Sunday, November 2, 2025.
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