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Fortress Biotech, Inc. - FBIO STOCK NEWS

Welcome to our dedicated page for Fortress Biotech news (Ticker: FBIO), a resource for investors and traders seeking the latest updates and insights on Fortress Biotech stock.

Fortress Biotech, Inc. (symbol: FBIO) is a pioneering biopharmaceutical company focused on acquiring, developing, and commercializing innovative pharmaceutical and biotechnology products. The company operates through a unique model of establishing subsidiary companies, collectively known as Fortress companies, to promote research, development, and commercialization efforts.

Fortress Biotech leverages its deep expertise in the biopharmaceutical industry and drug development to support its subsidiaries. The company offers funding, management services, and strategic guidance to bolster the success of its Fortress companies. This collaborative approach enables the subsidiaries to focus on breakthrough innovations while benefiting from Fortress Biotech's resources and infrastructure.

The company's diverse product portfolio includes several key products such as Qbrexza, Accutane, Amzeeq, Zilxi, Targadox, Ximino, and Exelderm. These products span across therapeutic areas with a significant focus on dermatology, where Fortress derives the majority of its revenue. Beyond dermatology, the company and its subsidiaries are deeply engaged in biotechnology, pharmaceutical development, oncology, and therapeutics.

Fortress Biotech continuously seeks strategic partnerships, licensing opportunities, joint ventures, and public and private financing to accelerate and support its research and development programs. These collaborations aim to enhance the company's capacity to bring novel treatments to market and address unmet medical needs.

For the latest updates and events, including financial results discussions and corporate updates, Fortress Biotech frequently engages with its stakeholders through conference calls and press releases.

For more information or media inquiries, please contact:
Jaclyn Jaffe, Fortress Biotech, Inc.: (781) 652-4500, ir@fortressbiotech.com
Tony Plohoros, 6 Degrees: (908) 591-2839, tplohoros@6degreespr.com

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Checkpoint Therapeutics, Inc. will participate in the H.C. Wainwright 2nd Annual BioConnect Investor Conference where James Oliviero, President and CEO, will have a fireside chat. The event will take place on May 20, 2024, at 12:30 p.m. ET at NASDAQ. Checkpoint will also have one-on-one meetings during the conference. A webcast of the fireside chat will be available on the News & Events page of Checkpoint's website for 30 days post-event.

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Checkpoint Therapeutics, Inc. reported financial results for Q1 2024, revealing increased cash reserves, reduced R&D expenses, and an appointment to the Board of Directors. The company aims to address FDA feedback for potential BLA resubmission mid-year.

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Journey Medical , a pharmaceutical company specializing in dermatological products, will announce its first quarter 2024 financial results on May 13, 2024. The company will host a conference call to discuss the results and provide a corporate update at 4:30 p.m. ET on the same day.

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Journey Medical has appointed Joseph M. Benesch as Chief Financial Officer, effective April 26, 2024. Benesch brings over 25 years of experience in financial leadership and reporting, with a focus on the pharmaceutical industry. The company's Co-Founder, President, and CEO praised Benesch's expertise and contributions to the finance and accounting team, emphasizing his role in upcoming milestones like the potential approval of DFD-29 for rosacea treatment. Benesch's extensive background includes positions at Teligent Pharma Inc., Torrent Pharmaceuticals, Savient Pharmaceuticals, Adare Pharmaceuticals, and Edenbridge Pharmaceuticals, along with experience at Baker Tilly Virchow Krause, LLP, and Ernst and Young. With a BA in accounting and CPA certification from Wilkes University, Benesch aims to drive sustainable value for Journey Medical and its shareholders while supporting patients with dermatological products.

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Journey Medical , a pharmaceutical company focusing on dermatological products, will present at the Planet MicroCap Showcase: Vegas 2024. The Co-Founder and CEO will provide a corporate overview at the conference held on April 30 - May 2, 2024, in Las Vegas.
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Fortress Biotech, Inc. reported a record consolidated net revenue of $84.5 million for the full-year 2023. The company may receive up to four regulatory decisions on NDAs and BLAs in the next 18 months. The FDA accepted the New Drug Application filing for DFD-29 to treat inflammatory lesions and erythema of rosacea in adults, with a PDUFA goal date of November 4, 2024.
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Checkpoint Therapeutics, Inc. announces financial results for full-year 2023 and corporate updates. The company plans to resubmit a Biologics License Application for cosibelimab by mid-year for potential approval before 2024 end. Checkpoint remains confident in the clinical data and safety package.
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Journey Medical (DERM) reports total revenues of $79.2 million for 2023, a 7% increase from 2022. Operating cost savings of $15.6 million exceeded guidance. New Drug Application for rosacea treatment candidate DFD-29 accepted by FDA with a PDUFA goal date of November 4, 2024.
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Journey Medical (DERM) announces FDA acceptance of NDA for DFD-29 for rosacea treatment with a PDUFA goal date of November 4, 2024. Positive Phase 3 trial data supports the efficacy and safety of DFD-29.
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Journey Medical (DERM) to host conference call to discuss financial results and provide corporate update on March 21, 2024. The company focuses on selling FDA-approved prescription pharmaceutical products for dermatological conditions.
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FAQ

What is the current stock price of Fortress Biotech (FBIO)?

The current stock price of Fortress Biotech (FBIO) is $1.61 as of November 22, 2024.

What is the market cap of Fortress Biotech (FBIO)?

The market cap of Fortress Biotech (FBIO) is approximately 43.6M.

What does Fortress Biotech, Inc. do?

Fortress Biotech acquires, develops, and commercializes innovative pharmaceutical and biotechnology products.

What are Fortress companies?

Fortress companies are subsidiaries established by Fortress Biotech to focus on specialized research, development, and commercialization of biotech products.

What products does Fortress Biotech offer?

Fortress Biotech's portfolio includes Qbrexza, Accutane, Amzeeq, Zilxi, Targadox, Ximino, and Exelderm.

How does Fortress Biotech support its subsidiaries?

Fortress Biotech provides funding, management services, and strategic guidance to support the growth and success of its subsidiaries.

What is the primary revenue source for Fortress Biotech?

The majority of Fortress Biotech's revenue comes from its dermatology segment.

Does Fortress Biotech engage in partnerships?

Yes, Fortress Biotech frequently seeks licensing, partnerships, joint ventures, and public and private financings to support its development programs.

Which therapeutic areas does Fortress Biotech focus on?

Fortress Biotech and its subsidiaries focus on dermatology, biotechnology, pharmaceutical development, oncology, and therapeutics.

How can I get the latest news on Fortress Biotech?

You can stay updated by following Fortress Biotech's press releases and participating in their conference calls.

Who can I contact for more information about Fortress Biotech?

For more information, contact Jaclyn Jaffe at Fortress Biotech or Tony Plohoros at 6 Degrees.

Where can I find financial updates from Fortress Biotech?

Financial updates are provided through conference calls and press releases hosted by Fortress Biotech.

Fortress Biotech, Inc.

Nasdaq:FBIO

FBIO Rankings

FBIO Stock Data

43.62M
21.76M
21.21%
15.78%
9.51%
Biotechnology
Pharmaceutical Preparations
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