Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company’s lead program is AVT02, a high concentration formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn’s disease, ulcerative colitis, plaque psoriasis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn’s disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as age-related macular degeneration, macular edema, and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. In addition, it offers AVT05, a biosimilar to Simponi and Simponi Aria to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product for the treatment of adult patients with moderate to severe ulcerative colitis and moderate to severely active Crohn’s disease; AVT23, a biosimilar to Xolair to treat allergic asthma, chronic spontaneous urticaria (CSU), and nasal polyp; and AVT33, a biosimilar to Keytruda product which is in early phase development. Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.
Market Challenges | Delve into Alvotech's navigation of the competitive biosimilars market, balancing its B2B model uncertainties with strategic partnerships and operational efficiency |
Product Portfolio | Explore Alvotech's key products Simlandi and Selardsi, along with three upcoming BLA filings, driving the company's growth strategy and market expansion |
Financial Landscape | Despite current negative EPS, Alvotech shows promise with 518% revenue growth and a healthy liquidity position, projecting positive EPS in the second fiscal yea |
Biosimilar Powerhouse | Alvotech emerges as a potential top-3 global biosimilars pureplay, leveraging a unique B2B model and strong manufacturing capabilities in Iceland |
Metrics to compare | ALVO | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipALVOPeersSector | |
|---|---|---|---|---|
P/E Ratio | 21.8x | −2.1x | −0.5x | |
PEG Ratio | 0.19 | 0.15 | 0.00 | |
Price / Book | −8.6x | 2.9x | 2.6x | |
Price / LTM Sales | 2.6x | 2.3x | 3.3x | |
Upside (Analyst Target) | 104.9% | 86.2% | 45.5% | |
Fair Value Upside | Unlock | 14.6% | 5.1% | Unlock |