ALVOTECH
Alvotech has its HQ in Reykjavik , Iceland , a location that plays a key part in the company ’ s sustainability strategy , says Gerhard Helmerich , Head of Global Supply Chain at Alvotech .
“ Environmental footprint is very important to us and being in Iceland means we have access to sustainable energy resources . Nearly all the energy produced in Iceland comes from renewable sources , either hydro , geothermal or wind .”
There are other benefits to being based in Iceland . The company ’ s founder , Róbert Wessman , is Icelandic , and he recognized the potential for locating a biopharmaceutical in his homeland . Iceland has a flourishing biotech industry and a strong talent pool of pharmaceutical specialists . The facility is based in the University Science Park in Reykjavik , and there is close collaboration with the University of Iceland .
“ Iceland is the cornerstone in our path to success ,” says Gerhard Helmerich . “ Being here helps attract talent to the company .”
It also helps that Iceland is right in the middle of global time zones , making it easier for Alvotech ’ s multinational team and partners to communicate .
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