Name | Value |
---|---|
Revenues | 12.4M |
Cost of Revenue | 20.0M |
Gross Profit | -7.5M |
Operating Expense | 65.4M |
Operating I/L | -72.9M |
Other Income/Expense | -152.3M |
Interest Income | 0.8M |
Pretax | -225.2M |
Income Tax Expense | -6.4M |
Net Income/Loss | -218.7M |
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.