Alvotech Acquires Xbrane's R&D Operations in Sweden and Further Affirms its Global Leadership Position in Biosimilars Development and Production
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Alvotech has acquired Xbrane's R&D operations in Sweden, including the Cimizia biosimilar candidate, to enhance its biosimilars development and production capabilities. Alvotech is also considering a listing on the Swedish market.
March 20, 2025 | 7:15 am
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Alvotech's acquisition of Xbrane's R&D operations in Sweden, including the Cimizia biosimilar candidate, strengthens its position in biosimilars development. The company is also considering a listing on the Swedish market.
The acquisition of Xbrane's R&D operations and the Cimizia biosimilar candidate enhances Alvotech's development capabilities, likely boosting investor confidence. The potential listing on the Swedish market could further increase visibility and investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100