Fundz

Alvotech Secures Financing Facilities Of Approximately $136 Million

PUBLIC · ALVONov 16, 2022

Round Type

Funding Round

ReykjavikManufacturingBiotechnologyPharmaceutical

Quick answer

Alvotech raised an undisclosed amount in a Funding Round round, dated November 16, 2022. Alvotech is based in Reykjavik, Capital Region, Iceland.

How much did Alvotech raise?
Alvotech raised an undisclosed amount in a Funding Round round on November 16, 2022.
What does Alvotech do?
Alvotech is a multinational biopharmaceutical company focused on the development and manufacturing of high quality biosimilars for global markets.
Where is Alvotech based and how big is it?
Alvotech is based in Reykjavik, Capital Region, Iceland. Fundz records about 501 employees.

Source: Fundz verified event record.

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Company Information

Company

Alvotech

Location

Reykjavik, Capital Region, Iceland

About

Alvotech is a multinational biopharmaceutical company focused on the development and manufacturing of high quality biosimilars for global markets. We are specialists in biotechnology, seeking to be a global leader in the biosimilar space by delivering high quality, cost-competitive products and services to our partners and to patients worldwide. Our fully integrated approach, with high-quality in-house competencies throughout the value chain, enables the accelerated development of biosimilar products. Alvotech’s shareholder base includes, among others, Aztiq Pharma, led by founder and Chairman Mr. Robert Wessman, Fuji Pharma from Japan, YAS Holdings form Abu Dhabi, Shinhan from Korea, Baxter Healthcare SA from the US, ATHOS (Strüngmann Family Office) from Germany and CVC Capital Partners and Temasek from Singapore through their participation in Alvogen.

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Alvotech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.