Alvotech

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Company Name	Alvotech
Stock Symbol	ALVO

On April 13, 2023, Alvotech disclosed that it received communication from the U.S. Food and Drug Administration (“FDA”) regarding the FDA’s March 2022 inspection of Alvotech’s manufacturing facility in Reykjavik, Iceland. According to Alvotech, the FDA noted certain deficiencies related to the Reykjavik facility and stated that satisfactory resolution of the deficiencies is required before the FDA can approve the Company’s Biologics License Application (BLA) for AVT02

On this news, Alvotech’s stock price fell $3.03, or 22.1%, to close at $10.66 per share on April 14, 2023, thereby injuring investors.

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If you suffered a loss on your Alvotech investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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