As previously reported in its Current Report on Form 8-K filed with the United States Securities and Exchange Commission on October 3, 2016, Fortress Biotech Inc (NASDAQ:FBIO) dismissed EisnerAmper LLP as its independent registered public accounting firm on September 27, 2016. On October 11, 2016, the Company formally engaged BDO USA, LLP (“BDO”) as its new independent registered public accounting firm. The Company’s Audit Committee participated in and approved this decision. During the Company’s fiscal years ended December 31, 2015 and 2014, and through October 11, 2016, the Company did not consult with BDO regarding any matters described in Items 304(a)(2)(i) or 304(a)(2)(ii) of Regulation S-K.