Alvotech

๐Ÿ“‚ Healthtech๐Ÿ“ Reykjavik๐Ÿ—“๏ธ Founded: 2013

Alvotech develops and manufactures biosimilars of high-value biologic therapies, aiming to improve global access to effective biological treatments through more accessible alternatives to brand-name drugs.

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Podcast Episode

๐ŸŽ™๏ธ Deep Dive

Daily News โ€“ 2 January 2026

Listen to the episode

About Alvotech

Alvotech is a biopharmaceutical company founded in 2013 in Reykjavik by Rรณbert Wessman (founder of Actavis). The company specialises in the development and manufacture of high-quality biosimilars with the aim of improving access to biologic therapies worldwide. Listed on Nasdaq (ALVO), Alvotech is one of Europe's leading players in the biosimilar sector with a diversified pipeline. In early 2026 it secured a โ‚ฌ100M term loan to strengthen liquidity and accelerate R&D investment and pipeline development.

Market & Clients

Key Customers

Healthcare systems, insurers and pharmaceutical distributors seeking more accessible biological alternatives.

Geographic Presence

IS

Funding & Investors

Funding Rounds

  • 2026 - Term loan: โ‚ฌ100M

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Sources

๐ŸŽ™๏ธ Scalable Podcast โ€” European startup stories ยท ๐Ÿ‡ฎ๐Ÿ‡น in Italian
Spotify ๐ŸŽง Apple