Fortress Biotech Announces Closing of Sale of Subsidiary Checkpoint Therapeutics

Posted: May 31, 2025 at 2:44 am

Fortress will receive ~$28 million shortly after closing and is eligible for an additional contingent value right (CVR) of up to $4.8 million, plus a 2.5% royalty on future net sales of UNLOXCYT™ (cosibelimab-ipdl) Fortress will receive ~$28 million shortly after closing and is eligible for an additional contingent value right (CVR) of up to $4.8 million, plus a 2.5% royalty on future net sales of UNLOXCYT™ (cosibelimab-ipdl)

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Fortress Biotech Announces Closing of Sale of Subsidiary Checkpoint Therapeutics

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