Alvotech shares are trading higher after the company and Teva Pharmaceuticals announced they agreed to expand their existing strategic partnership agreement.
Portfolio Pulse from Benzinga Newsdesk
Alvotech and Teva Pharmaceuticals have agreed to expand their existing strategic partnership agreement. This news has led to an increase in Alvotech's share prices.
July 24, 2023 | 12:34 pm
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POSITIVE IMPACT
Teva Pharmaceuticals has expanded its strategic partnership with Alvotech, which could potentially lead to increased business opportunities.
The expansion of the strategic partnership between Teva Pharmaceuticals and Alvotech could lead to increased business opportunities for Teva, which may positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70