MARKET COMPOSITE
FBIO - Fortress Biotech Inc7:44:43 PM 4/25/2024
Price
$1.71
-0.08 (-4.47%)
Fortress Biotech Inc., commonly known as Fortress Bio, is a biopharmaceutical company that acquires, develops, and commercializes innovative pharmaceutical and biotechnology products. Led by CEO Lindsay A. Rosenwald, M.D., Fortress and most of its subsidiary companies are headquartered in New York City, U.S.. The company was founded in 2006 under the name Coronado Biosciences, initially as an oncology company. In 2011, it was announced that Coronado raised $47.4 million in funding. Shortly thereafter it became a public company by registering all of its private shares as common stock. The company changed its name to Fortress Biotech in April 2015.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue15.3MM-0%
Gross Profit9.2MM-
Cost Of Revenue6MM-6%
Operating Income-19.6MM+43%
Operating Expenses28.9MM-
Net Income-9.3MM+84%
R&D14.1MM-31%
G&A22.6MM+4%
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