Fabien Corp (FBIO) Reports Q1 Loss of $0.31/Share

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Go back to Fabien Corp (FBIO) Reports Q1 Loss of $0.31/Share

Fortress Biotech Reports Financial Results for the First Quarter 2015 Ended March 31, 2015

May 11, 2015 8:31 AM EDT

NEW YORK, May 11, 2015 (GLOBE NEWSWIRE) -- Fortress Biotech, Inc. (Nasdaq: FBIO) announces its financial results for the first quarter of 2015 ended March 31, 2015.

"This was a very busy and productive quarter as we continue to make progress with executing our business plan to develop a diversified biopharmaceutical company with a robust pipeline of products and multiple revenue streams. During the first quarter and the subsequent few weeks, we secured six key licensing agreements and formed three new subsidiaries, which we refer to as 'Fortress Companies,'" said Dr. Lindsay A. Rosenwald, Fortress Biotech's... More