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<title>Fortress Biotech, Inc. Annual report pursuant to Section 13 and 15(d)</title>
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    <h3>Annual report pursuant to Section 13 and 15(d)</h3>
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                        <a class="menu-item " href="/investors/sec-filings/annual-reports/xbrl_doc_only/1532">Cover</a>
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                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1532">Document and Entity Information</a></li>
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                        <a class="menu-item " href="/investors/sec-filings/annual-reports/xbrl_doc_only/1533">Financial Statements</a>
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                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1533">Consolidated Balance Sheets</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1534">Consolidated Balance Sheets (Parenthetical)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1535">Consolidated Statements of Operations</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1536">Consolidated Statements of Changes in Convertible Preferred Stock and Stockholders Equity (Deficit)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1537">Consolidated Statements of Cash Flows</a></li>
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                        <a class="menu-item current" href="/investors/sec-filings/annual-reports/xbrl_doc_only/1538">Notes to Financial Statements</a>
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                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1538">Organization and Description of Business</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1539">Summary of Significant Accounting Policies</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1540">Net Loss Per Common Share</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1541">Property and Equipment</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1542">Accrued Liabilities and other Long-Term Liabilities</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1543">Commitments and Contingencies</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1544">Employee Benefit Plans</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1545">Fair Value Measurement</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1546">Related Party Transactions</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1547">Debt</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1548">Equity</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1549">Warrants to Purchase Common Stock</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1550">Stock Plans and Stock-Based Compensation</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1551">License Agreements</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1552">Executive Officer Agreements</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1553">Income Taxes</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1554">Subsequent Events</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1555">Selected Quarterly Financial Data (Unaudited)</a></li>
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                        <a class="menu-item " href="/investors/sec-filings/annual-reports/xbrl_doc_only/1556">Accounting Policies</a>
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                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1556">Summary of Significant Accounting Policies (Policies)</a></li>
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                        <a class="menu-item " href="/investors/sec-filings/annual-reports/xbrl_doc_only/1557">Notes Tables</a>
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                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1557">Net Loss Per Common Share (Tables)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1558">Property and Equipment (Tables)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1559">Accrued Liabilities and other Long-Term Liabilities (Tables)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1560">Debt (Tables)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1561">Stock Plans and Stock-Based Compensation (Tables)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1562">License Agreements (Tables)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1563">Income Taxes (Tables)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1564">Selected Quarterly Financial Data (Unaudited) (Tables)</a></li>
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                        <a class="menu-item " href="/investors/sec-filings/annual-reports/xbrl_doc_only/1565">Notes Details</a>
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                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1565">Organization and Description of Business (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1566">Summary of Significant Accounting Policies (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1567">Net Loss Per Common Share (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1568">Net Loss Per Common Share (Details 1)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1569">Property and Equipment (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1570">Property and Equipment (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1571">Accrued Liabilities and other Long-Term Liabilities (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1572">Commitments and Contingencies (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1573">Employee Benefit Plans (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1574">Fair Value Measurement (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1575">Related Party Transactions (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1576">Debt (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1577">Debt (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1578">Equity (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1579">Warrants to Purchase Common Stock (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1580">Stock Plans and Stock-Based Compensation (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1581">Stock Plans and Stock-Based Compensation (Details 1)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1582">Stock Plans and Stock-Based Compensation (Details 2)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1583">Stock Plans and Stock Based Compensation (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1584">License Agreements (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1585">License Agreements (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1586">Executive Officer Agreements (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1587">Income Taxes (Details)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1588">Income Taxes (Details 1)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1589">Income Taxes (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1590">Subsequent Events (Details Textual)</a></li>
                                                            <li><a href="/investors/sec-filings/annual-reports/xbrl_doc_only/1591">Selected Quarterly Financial Data (Unaudited) (Details)</a></li>
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        <h4>Property and Equipment</h4>
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