Name | Value |
---|---|
Revenues | 53.5M |
Cost of Revenue | 45.2M |
Gross Profit | 8.3M |
Operating Expense | 61.7M |
Operating I/L | -53.4M |
Other Income/Expense | 130.2M |
Interest Income | 0.9M |
Pretax | 76.8M |
Income Tax Expense | 11.6M |
Net Income/Loss | 65.2M |
Alvotech Holdings SA and its subsidiaries specialize in the development and manufacturing of biosimilars for global markets. By creating high-quality and cost-effective alternatives to existing biologic drugs, the company aims to address the growing demand for affordable biopharmaceuticals. With a focus on biosimilar products, Alvotech generates revenue through the sale and distribution of these pharmaceuticals to healthcare providers, pharmacies, and other stakeholders in the global market.