FDA approves Alvotech biosimilar of J&J top-selling drug Stelara [Seeking Alpha]
Alvotech (ALVO)
Company Research
Source: Seeking Alpha
The biosimilar, called Selarsdi, will be marketed in the US by Alvotech partner Teva Pharmaceuticals ( NYSE: TEVA ) following a settlement with J&J. Teva intends to launch the product on or after Feb. 21, 2025, according to the companies The FDA approved Selarsdi for the treatment of moderate-to-severe plaque psoriasis and active psoriatic arthritis in adults and children aged six years and older. Selarsdi is the second biosimilar to receive approval under a partnership between Iceland's Alvotech and Israel's Teva. Stelara is J&J's best-selling drug, generating sales of around $10.9B in 2023. Recommended For You More Trending News Recommended For You More Trending News
Show less
Read more
Impact Snapshot
Event Time:
ALVO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALVO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALVO alerts
High impacting Alvotech news events
Weekly update
A roundup of the hottest topics
ALVO
News
- 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
- 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