Cigna to offer Humira rivals with $0 copay at specialty pharmacy [Yahoo! Finance]
Alvotech (ALVO)
Company Research
Source: Yahoo! Finance
available with no out-of-pocket payment to eligible patients in the U.S. using its specialty pharmacy beginning in June, the health insurer said on Thursday. Cigna said it will stock high- and low-concentration biosimilar versions of Humira from drugmakers including Boehringer Ingelheim, Teva and Alvotech at its Accredo pharmacy. "Not all biosimilars are created equal," Matt Perlberg, president of Cigna's Evernorth Health Services' pharmacy and care delivery businesses, said in an interview. "We know that patients need options, and we wanted to make sure that we offer the right experience, level of clinical care, and affordability for as many eligible patients as possible." Unlike easy to manufacture pills that can be copied and sold as generics at a huge discount once patents lapse, complex biologic medicines made from living cells cannot be exactly duplicated. Their close alternatives are called biosimilars. Despite nine biosimilars being launched in the U.S. last year, AbbV
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ALVO
News
- Alvotech Announces Participation at BofA Securities Healthcare Conference 2024GlobeNewswire
- Alvotech to produce Humira biosimilar for Cigna's Quallent [Seeking Alpha]Seeking Alpha
- U.S. Commercialization Agreement with Quallent to Drive Patient Savings with First High-Concentration Citrate-Free Interchangeable Biosimilar to Humira® (adalimumab) [Yahoo! Finance]Yahoo! Finance
- U.S. Commercialization Agreement with Quallent to Drive Patient Savings with First High-Concentration Citrate-Free Interchangeable Biosimilar to Humira® (adalimumab)GlobeNewswire
- Alvotech: Consider Buying As Positive Q1 Earnings Release Likely [Seeking Alpha]Seeking Alpha
ALVO
Sec Filings
- 4/30/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/19/24 - Form 6-K
- ALVO's page on the SEC website