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Fortress Biotech Inc

Fortress Biotech, Inc. is a biopharmaceutical company operating in the United States and internationally with its subsidiaries. It offers products including Emrosi, Qbrexza, Accutane, Amzeeq, Zilxi, Exelderm, Targadox, Luxamend, and UNLOXCYT. The company also develops CUTX-101, IV Tramadol, Dotinurad, CAEL-101, and Triplex. Formerly known as Coronado Biosciences, Inc., it changed its name to Fortress Biotech, Inc. in April 2015. Incorporated in 2006, it is based in Bay Harbor Islands, Florida.

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Fortress Biotech Q2 2026 Earnings Call Transcript

Fortress Biotech reported second quarter 2026 financial results, with total revenue of $18.5 million compared to $15 million in the second quarter of 2025, reflecting a 23% increase from period to period. The company's GAAP net loss narrowed to $300,000 or $0.01 per share basic and diluted compared to a net loss of $3.8 million or $0.16 per share basic and diluted for 2Q 2025. Emrosi net revenue was $8.1 million, driven by sequential prescription growth and improved payer reimbursement, with total prescriptions reaching 36,000, a 20% sequential increase from approximately 30,000 in the first quarter of 2026. Unique prescribers grew to 4,500, a 40% increase from 3,200 at the end of 2025, and high-quality payer coverage rose to 38% of commercial lives from 34% in the prior quarter. The company ended the quarter with $196.6 million in cash and cash equivalents, up from $79.4 million at the end of 2025, following the monetization of a Priority Review Voucher.
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