Fortress Biotech Board Member Resigns for New Role
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Fortress Biotech announced the resignation of board member Lucy Lu, M.D., effective April 15, 2025, as she takes on the role of Chief Strategy Officer on April 21, 2025. Her departure was amicable, with no disagreements reported. Spark's analysis rates FBIO as Neutral, citing financial challenges despite some achievements. The stock has seen a year-to-date decline of 28.30%, with a current market cap of $46.37M and bearish technical trends.
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