Alvotech said to consider $350m fundraising ahead of Hong Kong IPO

Alvotech said to consider $350m fundraising ahead of Hong Kong IPO

A research technologist prepares a Tessa Therapeutics Pte. virus specific t-cells (VST) infusion for cancer patients as part of a clinical trial inside a good manufacturing practice (GMP) room at Singapore's National Cancer Center (NCCS) in Singapore, on Thursday, Feb 23, 2017. Photographer: Nicky Loh/Bloomberg

Alvotech, an Iceland-based biosimilars producer, is weighing a private round of funding that could raise about $350 million ahead of a potential Hong Kong initial public offering, people with knowledge of the matter said.

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