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    Alvotech Enters Exclusive Global Licensing Agreement with BiosanaPharma for Co-Development of a Proposed Biosimilar (AVT23) to Xolair® (Omalizumab)

    Details:

    Under terms of the agreement, Alvotech will receive exclusive global rights for AVT23, a proposed biosimilar to Xolair. BiosanaPharma and Alvotech will jointly further the development of AVT23, which is currently in late-stage development.


    Lead Product(s): Omalizumab

    Therapeutic Area: Pulmonary/Respiratory Diseases Product Name: AVT23

    Highest Development Status: Phase IProduct Type: Large molecule

    Partner/Sponsor/Collaborator: Alvotech

    Deal Size: Undisclosed Upfront Cash: Undisclosed

    Deal Type: Licensing Agreement February 02, 2022

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