Alvotech has delivered on recent indications that it would look to use in-licensing deals to supplement its in-house biosimilars pipeline, striking a licensing deal with BiosanaPharma that will see the two companies collaborate on co-developing a rival to Novartis/Genentech’s Xolair (omalizumab) asthma and spontaneous urticaria treatment.
The exclusive global licensing agreement will see Alvotech and BiosanaPharma co-develop the AVT23 candidate – also referred to under the...





