Fortress Biotech Inc - Company Profile
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Fortress Biotech Inc (Fortress Biotech) is a biotechnology company that acquires, develops, and commercializes novel immunotherapy biologic agents for the treatment of cancer and other autoimmune diseases. Focus on R&D, performance of its core segment: Dermatology Product Sales, and brand portfolio are its strengths, even as decrease in working capital could be a major cause for concern for the company. Fortress Biotech could benefit from market potential of chronic myeloid leukemia, strategic contracts and agreements, and growing market for cancer treatments. However, high competition, dependence on third party manufacturers and stringent regulations affect the company's growth prospects.
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