BAY HARBOR ISLAND, Fla. (AP) — BAY HARBOR ISLAND, Fla. (AP) — Fortress Biotech Inc. (FBIO) on Thursday reported net income of $110.4 million in its first quarter.

The Bay Harbor Island, Florida-based company said it had net income of $2.82 per share.

The biopharmaceutical company posted revenue of $16 million in the period.

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