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Baliopharm to be rebranded as Alvotech Germany
May 19, 2016
By: Tim Wright
Editor-in-Chief, Contract Pharma
Reykjavík, Iceland-based Alvotech has formed an agreement to acquire Baliopharm GmbH, a German biopharmaceutical development company, previously a subsidiary of Baliopharm AG. The acquisition provides Alvotech with complimentary capabilities in the area of biosimilar development. Baliopharm will be fully integrated into the Alvotech organization and will be rebranded as Alvotech Germany in the near future. “The acquisition of Baliopharm significantly strengthens our R&D platform and will ...
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