Alvotech (Alvotech) Research & Development : $209.8 Mil (TTM As of Mar. 2024)

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What is Alvotech Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Alvotech's Research & Development for the three months ended in Mar. 2024 was $49.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $209.8 Mil.

Alvotech Research & Development Historical Data

The historical data trend for Alvotech's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alvotech Research & Development Chart

Alvotech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

95.56

148.07

191.01

180.62

210.83

Alvotech Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial									50.86	48.72	53.23	58.01	49.87

Alvotech Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $209.8 Mil.

Alvotech (NAS:ALVO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Alvotech Research & Development Related Terms

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Alvotech (Alvotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Alvotech (NAS:ALVO) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

ALVO:Iceland Z45:Germany

Address

9, rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.alvotech.com

Alvotech is an integrated biopharmaceutical company committed to developing and manufacturing high-quality biosimilar medicines for patients globally. its purpose is to improve the health and quality of life of patients around the world by improving access to proven treatments for various diseases.