Tag: headquarters

Press Release

Agreements with Ault & Company and an Institutional Investor to Provide Capital Are Anticipated to Support Michigan Data Center Build-Out

QINGDAO, China, June 23, 2025 (GLOBE NEWSWIRE) -- On June 18, the 6th Qingdao Multinationals Summit was held as scheduled. In order to better tell the "Qingdao story" of the business environment during the summit, Phoenix.com Qingdao specially planned the special topic "Qingdao@World Qingdao Stories of Multinational Companies". Tell new stories about multinational companies choosing and investing in Qingdao through dialogue, convey to the world the good news that Qingdao is building a first-class business environment, open up channels for foreign capital to understand and choose Qingdao, and build a bridge to enhance mutual trust.

REYKJAVIK, Iceland and LONDON, June 23, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human use (CHMP) adopted a positive opinion recommending approval for AVT06, Alvotech’s proposed biosimilar to Eylea® (aflibercept 2 mg). Based on a positive recommendation by CHMP, biosimilar medicines can be approved by the European Commission for marketing in the European Economic Area, that includes the 27 member states of the European Union, in addition to Norway, Iceland and Lichtenstein.