BRIEF-Alvotech Sees Minimal Impact On 2025 Revenues From U.S. Tariffs

Reuters
07 May
BRIEF-<a href="https://laohu8.com/S/ALVO">Alvotech</a> Sees Minimal Impact On 2025 Revenues From U.S. Tariffs

May 7 (Reuters) - Alvotech SA ALVO.O:

  • POTENTIAL U.S. TARIFFS ON PHARMACEUTICALS EXPECTED TO HAVE MINIMAL IMPACT ON ALVOTECH'S PRODUCT REVENUES IN 2025

  • ALVOTECH MANUFACTURES ITS BIOSIMILARS IN ICELAND, A COUNTRY WHICH CURRENTLY FACES MINIMUM TARIFF OF 10% ON GOODS IMPORTED TO U.S

  • A 10% TARIFF ON PHARMACEUTICALS WOULD RAISE COST OF BIOSIMILARS FROM ALVOTECH IMPORTED TO U.S. FOR CUSTOMERS BY LESS THAN 1% OF ALVOTECH'S EXPECTED TOTAL PRODUCT REVENUES IN 2025

Source text: ID:nGNEKfYb3

Further company coverage: ALVO.O

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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