Name | Value |
---|---|
Revenues | 53.4M |
Cost of Revenue | 56.4M |
Gross Profit | -3.0M |
Operating Expense | 74.1M |
Operating I/L | -77.2M |
Other Income/Expense | -231.6M |
Interest Income | 0.0M |
Pretax | -308.8M |
Income Tax Expense | -32.2M |
Net Income/Loss | -276.6M |
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.