Fortress Biotech, Inc. (NASDAQ:FBIO) Files An 8-K Results of Operations and Financial Condition

Fortress Biotech, Inc. (NASDAQ:FBIO) Files An 8-K Results of Operations and Financial Condition
Item 2.02

On August 9, 2019, Fortress Biotech, Inc. issued a press release to provide a corporate update and to announce its financial results for the second quarter ended June 30, 2019. A copy of such press release is being furnished as Exhibit 99.1 to this report.

(d) Exhibits.

The following exhibit is furnished herewith:

99.1 Press release issued by Fortress Biotech, Inc., dated August 9, 2019.

Fortress Biotech, Inc. Exhibit
EX-99.1 2 tv527165_ex99-1.htm EXHIBIT 99.1   Exhibit 99.1     Fortress Biotech Reports Second Quarter 2019 Financial Results and Recent Corporate Highlights   New York,…
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About Fortress Biotech, Inc. (NASDAQ:FBIO)

Fortress Biotech, Inc., formerly Coronado Biosciences, Inc., is a biopharmaceutical company. The Company is involved in the development of immunotherapy agents for the treatment of autoimmune diseases and cancer. Its sole product candidate is CNDO-109. The Company is also focused on acquiring, developing and commercializing pharmaceutical and biotechnology products. The Company’s product, CNDO-109, is a lysate (disrupted Closteroviridae (CTV)-1 cells, cell membrane fragments, cell proteins and other cellular components) that activates donor Natural Killer (NK) cells. CTV-1 is a leukemic cell line re-classified as a T-cell acute lymphocytic leukemia (ALL). The Company holds the license to develop and commercialize CNDO-109 to activate NK cells for the treatment of cancer-related and other conditions, and a non-exclusive license to certain clinical data solely for use in the Investigational new drug (IND) for CNDO-109. The Company is conducting the Phase I clinical studies of CNDO-109.

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