29Oct
Alvotech Announces Private Placement Financing
Yesterday, Alvotech announced that its parent company, Alvotech Holdings SA, completed a $65 million private placement round, which the company said is part of its $100 million private placement round with a second closing expected shortly. Alvotech further reported that the $65 million financing resulted in the company issuing new shares to a group of new investors and existing shareholders, and will further finance the development and release of its biosimilar candidates....
By:
Goodwin
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