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ALVO — Alvotech

ALVO (Alvotech) stock: $5.87, $2.29B market cap, $316.1M cash, $3.27B EV, $2.01B fully diluted market cap. Next expected readout: Jul-27. Lead program: AVT29 (proposed aflibercept HD biosimilar) (Diabetic Macular Edema), Phase 3. Data from Fully Diluted's biotech stocks database.

Share price
$5.87
Market cap
$2,291.8M
Cash
$316.1M
Enterprise value
$3,274.8M

Balance sheet

Cash$316.1M
Debt$1,299.1M
Net cash-$983.0M
Enterprise value$3,274.8M
Basic shares390.0M shares
Fully diluted shares342.0M shares
Fully diluted market cap$2,007.3M
Cash per share$0.81

Cash figures as of 2026-06-17. Database snapshot: 2026-09-21.

Price history

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Upcoming catalysts

ExpectedDrugPhaseIndicationMgmt guide
Aug 12 - Sep 23AVT29 (proposed aflibercept HD biosimilar)Phase 3Diabetic Macular Edema
Nov 12 - Dec 24AVT32-DRL_PBPhase 1Melanoma

Estimated readout windows: registry primary-completion date + 6-12 weeks. Windows already open are shown from "Now". Drug names link to ClinicalTrials.gov.

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