Alvotech Says European Medicines Agency Has Accepted Marketing Authorization Application For AVT03, A Proposed Biosimilar Candidate To Prolia And Xgeva
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Alvotech announced that the European Medicines Agency has accepted its marketing authorization application for AVT03, a proposed biosimilar to Prolia and Xgeva. This development is a significant step for Alvotech in expanding its biosimilar portfolio.
October 10, 2024 | 9:35 am
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Alvotech's marketing authorization application for AVT03, a biosimilar to Prolia and Xgeva, has been accepted by the European Medicines Agency. This is a positive development for Alvotech as it seeks to expand its biosimilar offerings.
The acceptance of the marketing authorization application by the European Medicines Agency is a crucial step for Alvotech in bringing AVT03 to market. This could potentially lead to increased revenue and market presence in the biosimilar sector, positively impacting the stock price.
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