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Alvotech signs supply agreement with Fuji Pharma.
The deal means that Alvotech will receive an upfront fee of $4.6m (€4m) and could receive an additional $20m in milestone payments. In return, Fuji Pharma will have exclusive rights to commercialise Alvotech’s ustekinumab biosimilar, which could enter the Japanese market as a competitor to Johnson & Johnson’s Stelara.

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