Name | Value |
---|---|
Revenues | 23.9M |
Cost of Revenue | 28.7M |
Gross Profit | -4.9M |
Operating Expense | 75.9M |
Operating I/L | -80.8M |
Other Income/Expense | -263.0M |
Interest Income | -96.4M |
Pretax | -343.8M |
Income Tax Expense | -23.3M |
Net Income/Loss | -320.5M |
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.