Teva And Alvotech Strike US Biosimilars Pact

Deal Covers Five Biosimilar Candidates With $35bn Brand Value

Teva and Alvotech have announced a major biosimilars alliance covering five products for the US market.

Hand - USA
The US deal covers five biosimilar candidates • Source: Shutterstock

Teva and Alvotech have today announced a major biosimilars deal covering five biosimilar candidates for the US market, referring to the alliance as “one of the broadest partnerships within the US biosimilar industry to date.”

The companies said the “exclusive strategic partnership” would combine “Teva’s long-standing commercial presence and extensive infrastructure in the US market...

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