AGP Executive Report
Last update: 10 hours agoBiotech Watch: Alvotech resubmitted FDA Biologics License Applications for biosimilars AVT05 and AVT06 after a Reykjavik manufacturing facility GMP surveillance inspection, with a six-month review expected. Seafood & Finance: Iceland’s Brim sold its 50% stake in Polar Seafood Denmark to Polar Seafood Greenland for DKK 925m, while also completing acquisition of all shares in fish oil producer Lysi. Salmon Industry: Kaldvik reported a Q1 revenue and earnings drop tied to early salmon harvesting after winter wounds, plus a senior-debt covenant waiver and Oslo Børs penalty bench placement. EU & Connectivity: The EU Council approved talks to extend “Roam Like at Home” to the Western Balkans, with Iceland already included in the current RLH footprint. Aviation Demand: ACI Europe said passenger traffic across Europe fell 0.7% year-on-year in April, with Iceland among the steepest declines (-11.7%). World Cup Betting: Icelanders are expected to wager ISK 7.5bn online during the 2026 FIFA World Cup as regulators consider possible changes to gambling rules.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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