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Find Clinical Drug Development Pipelines & Deals | PipelineProspector

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            Lead Product(s): Adalimumab

            Therapeutic Area: Dermatology Product Name: AVT02

            Highest Development Status: Phase III Product Type: Large molecule

            Partner/Sponsor/Collaborator: Baxter Healthcare Corporation

            Deal Size: $100.0 million Upfront Cash: Undisclosed

            Deal Type: Private Placement March 17, 2021

            Details:

            Proceeds will be used for the development of companies lead drug AVT02. As part of the first round Shinhan from Korea, Baxter Healthcare SA from the US and ATHOS (Strüngmann Family Office) from Germany invested in Alvotech.

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            Lead Product(s): Adalimumab

            Therapeutic Area: Dermatology Product Name: AVT02

            Highest Development Status: Phase III Product Type: Large molecule

            Partner/Sponsor/Collaborator: Teva Pharmaceutical Industries

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable November 19, 2020

            Details:

            AVT02 is a proposed biosimilar of HUMIRA® (adalimumab) with high concentration (100mg/mL) dosage forms that are expected to be beneficial to patients and to be differentiated from most biosimilar competitors, while matching the newest dosage forms of the reference product.

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            Lead Product(s): Adalimumab

            Therapeutic Area: Dermatology Product Name: Undisclosed

            Highest Development Status: Phase III Product Type: Large molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable May 12, 2020

            Details:

            The Phase 1 PK similarity study for AVT02 (AVT02-GL-101) has met its primary objectives. The Phase 3 confirmatory efficacy and safety study for AVT02 (AVT02-GL-301) has met its primary objective.