BAY HARBOR ISLAND, Fla. (AP) — BAY HARBOR ISLAND, Fla. (AP) — Fortress Biotech Inc. (FBIO) on Wednesday reported a loss of $17.7 million in its first quarter.

On a per-share basis, the Bay Harbor Island, Florida-based company said it had a loss of $1.03.

The biopharmaceutical company posted revenue of $13 million in the period.

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