Alvotech: Consider Buying As Positive Q1 Earnings Release Likely [Seeking Alpha]
Alvotech (ALVO)
Company Research
Source: Seeking Alpha
The company's stock price initially dropped after the FDA rejected Simlandi in 2023, but has since recovered. Alvotech's outlook for 2024 and 2025 is positive, with projected revenues of $300-$400 million and potential growth in the biosimilar market. Q1 2024 earnings will be announced on May 22 and have the potential to exceed Wall Street's expectations, in my view, setting the company on a long-term path to valuation growth, although significant headwinds remain in play. Investment Overview - Amid Heavy Losses, Alvotech Begins To Mobilise When I last covered Alvotech ( NASDAQ: ALVO ) in a note for Seeking Alpha nearly 18 months ago I was somewhat cautious, giving the Luxembourg headquartered, but mainly Iceland based generics/ Recommended For You Recommended For You About ALVO Stock Related Stocks Trending Analysis Trending News
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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
- Cigna to offer Humira rivals with $0 copay at specialty pharmacy [Reuters]Reuters
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