FDA Accepts Alvotech's Resubmitted Biologics License Application (BLA) For AVT02, A High-Concentration Interchangeable Biosimilar Candidate To Humira
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The FDA has accepted Alvotech's resubmitted Biologics License Application (BLA) for AVT02, a high-concentration interchangeable biosimilar candidate to Humira. This could potentially impact the market share of Humira, which is produced by AbbVie Inc.

September 20, 2023 | 8:33 am
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The FDA's acceptance of Alvotech's BLA for AVT02 could potentially impact the market share of Humira, which is produced by AbbVie Inc.
The FDA's acceptance of Alvotech's BLA for AVT02, a biosimilar candidate to Humira, could potentially lead to increased competition for Humira, which is produced by AbbVie Inc. This could negatively impact AbbVie's market share and revenues from Humira sales.
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IMPORTANCE 75
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