FBIO Positioned for Growth?
Fortress Biotech is a diversified biotech holding company with a market cap of $110M while generating ~$86M in projected sales from Journey Medical alone. The company has multiple near-term revenue catalysts (Journey Medical profitability, dotinurad royalties, Unloxcyt sales, and Zycubo milestone payments) and a strong balance sheet ($200M cash, 20-25% debt-to-equity), positioning it as a potential multi-bagger despite accumulated preferred dividend obligations.