Coronado Biosciences Changes Its Name to Fortress Biotech

Coronado Biosciences, Inc., CNDO today announced that it has changed its name to Fortress Biotech, Inc. The Company's new NASDAQ stock ticker symbol is FBIO, which will be effective at the open of market on Tuesday, April 28, 2015. In conjunction with its corporate name change, the Company has redesigned its website, which is available at www.fortressbiotech.com. Dr. Lindsay A. Rosenwald, Chairman and CEO of Fortress Biotech, formerly Coronado Biosciences, stated, "We are very excited to re-brand the Company Fortress Biotech, which we believe better reflects our new business plan which we began executing over the last year and we believe represents the future of the Company. Over this past year, we launched six new companies with nine products and product candidates under development ranging from pre-clinical to phase 3-ready. We look forward to continuing to execute our vision to develop a diversified biopharmaceutical company with multiple products and multiple revenue streams."