Alvotech Announces Licensing and Commercialization Agreement with Lotus Pharmaceutical for proposed biosimilars to durvalumab and emicizumab in the U.S. and Selected Asian Markets
Alvotech announced a strategic licensing and commercialization agreement with Lotus Pharmaceutical covering two of its biosimilar candidates—AVT34 (proposed biosimilar to durvalumab) and AVT87 (proposed biosimilar to emicizumab)—for the United States and selected Asian markets.
Why it matters — The agreement expands the commercial reach of Alvotech's pipeline candidates into the U.S. and Asian markets through a partnership with Lotus Pharmaceutical.