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SEC filingAlvotech announced the successful closure of FDA inspection at its Reykjavik facility with a VAI classification, an important regulatory milestone.
The FDA's VAI classification reflects Alvotech's remediation efforts following prior observations. This positive outcome could facilitate progress on pending BLA submissions for biosimilars AVT05 (golimumab), AVT06 (aflibercept), and AVT16 (vedolizumab), potentially accelerating time to market for these candidates.