Alvotech is looking to stem the bleeding from its recent failure to secure a lucrative approval for its proposed AVT02 biosimilar Humira (adalimumab) in the US by raising up to $100m via an overseas private placement of convertible bonds, in the latest of the public company’s financing endeavors.
The announced offering came alongside another potential boon for the company, as longtime commercialization partner Teva renewed its commitment to...






