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FDA Clears New Manufacturing Process For Alvotech's SIMLANDI Biosimilar; Stock Up

Source: Nasdaq

Healthcare & BiotechRegulation & LegislationCompany Fundamentals

The U.S. FDA approved Alvotech's upgraded manufacturing process for SIMLANDI (adalimumab-ryvk), its Humira biosimilar, allowing production with the process at the company's Reykjavik, Iceland facility. The article provides no financial figures or share-price reaction.

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