Alvotech Announced That The U.S. Food And Drug Administration Has Accepted For Review A Biologics License Application For AVT80, A Proposed Interchangeable Biosimilar To Entyvio (Vedolizumab) Prefilled Syringe And Autoinjector For Subcutaneous Administration
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Why It Matters
A company called Alvotech made a medicine that copies how another medicine works, and the FDA said they'll check if it's safe and works. This is a good checkpoint—it means the company passed an early test, but we still have to wait and see if the FDA approves it.
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