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Alvotech

Biotechnology / Healthcare REYKJAVIK, Iceland and PARSIPPANY N.J. ~280 employees
Founded
--
Employees (Est.)
~280
14 leaders known
Total Funding
$4.0B
Funding Rounds
12
Last Funding
2026-06-18

About Alvotech

Alvotech is a purpose-driven company specializing in the development and manufacturing of biosimilars to improve lives by expanding access to affordable biologic medicines. Their mission focuses on better access and better lives through a vertically integrated approach from cell line development to manufacturing.

Products & Services

Biosimilars:High-quality, cost-competitive biosimilars aimed at providing affordable biologic medicines to patients worldwide.
Pipeline (AVT06):Includes AVT06, a proposed biosimilar to Eylea (aflibercept), recommended for market approval by the European Medicines Agency.
Biosimilars
Biologic medicines

Specialties

Biosimilars Biologic Medicines Vertically Integrated Manufacturing Vertically integrated development and manufacturing Cell line development Fill and finish manufacturing

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Public Offering with concurrent Private Placement
T: -
FT: Public Offering with concurrent Private Placement
A: 165000000
MR: -
FA: $165 million
FAN: 165000000
D: 2026-06-18
FD: 2026-06-18
3 investors
2 RT: Public Offering and Private Placement
T: -
FT: Public Offering and Private Placement
A: 152000000
MR: -
FA: $152 million
FAN: 152000000
D: 2026-06-16
FD: 2026-06-16
-
3 RT: Public Offering with Concurrent Private Placement
T: -
FT: Public Offering with Concurrent Private Placement
A: 125000000
MR: -
FA: $125 million
FAN: 125000000
D: 2026-06-15
FD: 2026-06-15
-
4 RT: Term Loan
T: -
FT: Term Loan
A: 100000000
MR: -
FA: USD 100 million
FAN: 100000000
D: 2025-12-31
FD: 2025-12-31
1 investors
5 RT: Debt
T: -
FT: Debt
A: 1081000000
MR: -
FA: US$1,081 million
FAN: 1081000000
D: 2025-06-26
FD: 2025-06-26
1 investors
6 RT: Private Placement
T: -
FT: Private Placement
A: 7500000
MR: -
FA: 7.5 million shares
FAN: 7500000
D: 2025-06-11
FD: 2025-06-11
1 investors
7 RT: Private Placement
T: -
FT: Private Placement
A: 750000000
MR: -
FA: SEK 750 million
FAN: 750000000
D: 2025-06-04
FD: 2025-06-04
-
8 RT: Debt
T: -
FT: Debt
A: 965000000
MR: -
FA: $965 million
FAN: 965000000
D: 2024-07-11
FD: 2024-07-11
-
9 RT: Convertible Debt
T: -
FT: Convertible Debt
A: 220735780
MR: -
FA: 220735780
FAN: 220735780
D: 2024-07-01
FD: 2024-07-01
-
10 RT: Directed Offering
T: -
FT: Directed Offering
A: 166000000
MR: -
FA: approximately USD 166 million
FAN: 166000000
D: 2024-02-26
FD: 2024-02-26
1 investors
11 RT: Convertible Bond Private Placement
T: -
FT: Convertible Bond Private Placement
A: 100000000
MR: -
FA: $100 million
FAN: 100000000
D: 2023-07-31
FD: 2023-07-31
1 investors
12 RT: Private Placement
T: -
FT: Private Placement
A: 137000000
MR: -
FA: approximately $137 million
FAN: 137000000
D: 2023-01-23
FD: 2023-01-23
-
Public Offering with concurrent Private Placement Latest
2026-06-18
$165.0M
3 investors (Pro only)
Public Offering and Private Placement 2026-06-16
$152.0M
Public Offering with Concurrent Private Placement 2026-06-15
$125.0M

View 11 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

L

Lisa Graver

Chief Executive Officer

T

Tanya Zharov

General Counsel

L

Linda Jónsdóttir

Chief Financial Officer

J

Joseph E. McClellan

Chief Operating Officer

A

Anthony M. Maffia III

Chief Quality and Regulatory Officer

B

Balaji Prasad

Chief Strategy Officer

View 11 more team members with Pro

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Recent News

Alvotech Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Industries
Biotechnology / Healthcare
Company Size
~280 employees (est.)
Locations
REYKJAVIK, Iceland and PARSIPPANY N.J.
REYKJAVIK, Iceland and PARSIPPANY, N.J.
REYKJAVIK, Iceland +1 more

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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