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Bullish Case: Fortress Biotech's FBIO potential PDUFA approval on Nov 4, 2024 for DFD-29 could catalyze a strong positive stock reaction, driven by increased revenue from its dermatology and rare disease sectors.


Bearish Case: Historical stock dilution, and high debt levels pose significant risks to FBIO's financial stability. Potential regulatory setbacks could further impact the stock adversely.


Potential Outcomes:

1. FDA approval of DFD-29 leads to a stock rally: 40% chance.

2. Rejection or delay in FDA approval causes a decline: 30% chance.

3. Market indifference due to dilution, leading to flat performance: 30% chance.


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April 23, 2024


Fortress Biotech Forecast

FBIO        Fortress Biotech
Price Forecast: BULLISH    Price Action: RANDOM (?)






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