Fortress Biotech, based in Bay Harbor Islands, Florida, specializes in novel pharmaceuticals with seven marketed products and over 25 developmental programs across oncology, rare diseases, and gene therapy. The company went public in November 2011 and has 186 employees.
FBIO has been in the news recently: Kirby McInerney LLP and other law firms are leading class action lawsuits against New Fortress Energy Inc. for alleged securities fraud, focusing on investors who purchased shares between December 12, 2022, and August 8, 2024. These lawsuits arise after a significant stock price drop of 23.6% during this period.
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