Name | Value |
---|---|
Revenues | 151.2M |
Cost of Revenue | 80.3M |
Gross Profit | 70.9M |
Operating Expense | 57.4M |
Operating I/L | 13.5M |
Other Income/Expense | -57.9M |
Interest Income | -153.6M |
Pretax | -44.4M |
Income Tax Expense | 22.5M |
Net Income/Loss | -67.0M |
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.