Alvotech and Teva announce Strategic Partnership


Alvotech and Teva Pharmaceutical have announced a strategic partnership where Teva will commercialize Alvotech's biologics products in the U.S. The initial pipeline contains five biosimilar product candidates from Alvotech.

Third phase of government economic response to COVID-19


Increased support for companies, extension of part time employment with government support and simpler rules on financial restructuring of companies are key elements in the government's third phase of economic response to COVID-19

Prohibition on new sales of NOVIS insurance products in Iceland


The National Bank of Slovakia (Národná banka Slovenska, NBS), which regulates financial activities in Slovakia, has imposed a temporary ban on new sales of insurance products from NOVIS Insurance Company, NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazioni, NOVIS Poisťovňa a.s. (NOVIS) until specified conditions have been satisfied. T...

Central Bank to begin regular programme of foreign currency sales


The Central Bank of Iceland has decided to launch a regular programme of selling foreign currency in the domestic foreign exchange market, beginning on Monday 14 September 2020. The objectives of the purchase programme are to deepen the market and improve price formation. All else being equal, a larger and more stable supply of currency should lead...

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