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Alvotech signs agreement with Teva to bring Adalimumab-ryvk to U.S. market

Alvotech (ALVO) announced today a long-term agreement with a strategic partner to further enhance access to Adalimumab-ryvk in the U.S. market, the newly FDA approved high-concentration interchangeable biosimilar to Humira. The current multi-product commercialization partnership between Teva Pharmaceuticals (TEVA) and Alvotech remains unchanged and Teva will continue to commercialize adalimumab-ryvk under the Simland brand in the U.S.

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