REYKJAVIK, ICELAND AND BURGDORF, SWITZERLAND (JULY 9, 2025) – Alvotech (NASDAQ: ALVO SDB), a global biotech company specializing in the development and manufacturing of biosimilars for patients worldwide, today announced the expansion of its assembly and packaging capabilities through the acquisition of Ivers-Lee Group (“Ivers-Lee”), a family-owned company in Burgdorf, Switzerland, specializing in the provision of high-quality assembly and packaging services to the pharmaceutical sector. While Ivers-Lee will remain a separate legal entity, its activities will be integrated into Alvotech’s Technical Operations division to support Alvotech’s ambitious growth plans.
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