Alvogen

Montville, United States Founded: 2009 • Age: 17 yrs Acquired By Lotus
Pharmaceutical products are developed and marketed globally.
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About Alvogen

Alvogen is a company based in Montville (United States) founded in 2009 was acquired by Lotus in September 2025.. Alvogen has raised $155.92 million across 2 funding rounds from investors including Morgan Stanley, Lotus and IMM Investment. Alvogen has completed 7 acquisitions, including County Line Pharma, County Line Pharmaceuticals and Dolphin. Alvogen offers products and services including Generic Drugs and Injectables.

  • Headquarter Montville, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Alvogen, Inc
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $155.92 M (USD)

    in 2 rounds

  • Latest Funding Round
    $100 M (USD), Series D

    Jun 30, 2021

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Lotus

    & 2 more

    (Sep 24, 2025)

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Products & Services of Alvogen

Alvogen offers a comprehensive portfolio of products and services, including Generic Drugs and Injectables. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Generic drugs are developed and marketed by Alvogen as part of its core portfolio to provide accessible alternatives to branded medications

Injectables are manufactured and distributed by Alvogen, focusing on complex, high-value products that support various medical treatments

People of Alvogen
Headcount 5000-10000
Employee Profiles 83
Board Members and Advisors 5
Employee Profiles
People
Robert Wessman
Chairman & CEO
People
Arni Hardarson
Deputy to the CEO
People
Surat Maneejansook (Sheldon)
Associate Regulatory Affairs Manager
People
Elton Sufa
Medical Representative

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Funding Insights of Alvogen

Alvogen has successfully raised a total of $155.92M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series D — $100.0M
  • First Round

    (01 Jun 2012)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series D - Alvogen Valuation Morgan Stanley
Jun, 2012 Amount Series C - Alvogen Valuation IMM Private Equity
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Alvogen

Alvogen has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, Lotus and IMM Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
IMM Investment is recognized as a leading multi-asset alternative investment firm in Asia.
Founded Year Domain Location
Private equity investment firm focused on multiple sectors
Founded Year Domain Location
Wealth management, investment advisory, and financial services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Alvogen

Alvogen has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include County Line Pharma, County Line Pharmaceuticals and Dolphin. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online drug information is provided via GRALISE's digital platform.
2010
Generic solid and liquid dosage forms are manufactured and marketed.
2007
Generic pharmaceutical products are manufactured across therapeutic categories.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Alvogen

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alvogen Comparisons

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Competitors of Alvogen

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alvogen

Frequently Asked Questions about Alvogen

When was Alvogen founded?

Alvogen was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is Alvogen located?

Alvogen is headquartered in Montville, United States. It is registered at Montville, New Jersey, United States.

Who is the current CEO of Alvogen?

Lisa Graver is the current CEO of Alvogen.

Is Alvogen a funded company?

Alvogen is a funded company, having raised a total of $155.92M across 2 funding rounds to date. The company's 1st funding round was a Series C of $55.92M, raised on Jun 01, 2012.

What does Alvogen do?

Alvogen was founded in 2009 and is headquartered in Montville, United States. Operations in the pharmaceutical sector involve developing, in-licensing, manufacturing, and marketing a range of products, including generic drugs, branded items, injectables, and complex medications such as inhalation therapies and 505(b)(2) formulations. A research and development program supports the pipeline, while ethical practices and transparency guide interactions with healthcare providers.

What products or services does Alvogen offer?

Alvogen offers Generic Drugs and Injectables.

How many acquisitions has Alvogen made?

Alvogen has made 7 acquisitions, including County Line Pharma, County Line Pharmaceuticals, and Dolphin.

Who are Alvogen's investors?

Alvogen has 5 investors. Key investors include Morgan Stanley, Lotus, IMM Investment, Aztiq, and Pamplona Capital Management.

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