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-0.0398496240601503 -0.0300751879699248 -0.0300751879699248 -0.0300751879699248 -0.0601503759398497 -0.0225563909774437 -0.0714285714285714 0
Stock impact report

Alvotech Reports Financial Results for the First Nine Months of 2024 [Yahoo! Finance]

Alvotech (ALVO) 
Company Research Source: Yahoo! Finance
Product revenues in the first nine months of 2024 increased over four-fold compared to the same period last year, to $128 million, with Q3 product revenues contributing $62 million License and other revenues for the first nine months of 2024 increased by $203 from the same period last year, to $211 million, with Q3 license and other revenues contributing $41 million Adjusted EBITDA was $87 million in the first nine months of 2024, compared to negative ($225) million for the same period last year, with Q3 adjusted EBITDA contributing $23 million Marketing applications were accepted in Europe for biosimilar candidates to Prolia ® /Xgeva ® (denosumab) and Simponi (golimumab) and Alvotech initiated a confirmatory clinical study for AVT16, a biosimilar candidate to Entyvio ® (vedolizumab) Alvotech will conduct a business update conference call and live webcast on Thursday, November 14, 2024, at 8:00 am ET (13:00 GMT) REYKJAVIK, Iceland, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Alvotech Show less Read more
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