Zydus Lifesciences Ltd.

MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Fortress Biotech, Inc. (Nasdaq: FBIO) (“Fortress”), an innovative biopharmaceutical company focused on acquiring and advancing assets to enhance long-term value for shareholders through product revenue, equity holdings and dividend and royalty revenue, today announced that Lindsay A. Rosenwald, M.D., Chairman, President and Chief Executive Officer, will participate in the following upcoming October 2024 investor conferences: Lytham Partners Fall 2024 Investor Conference Date and Time: Tuesday, October 1, 2024 at 4:15 p.m. ETLocation: Virtual Format: Fireside Chat and 1x1 MeetingsRegistration link for the event: https://lythampartners.com/fall2024invreg 3rd Annual ROTH Healthcare Opportunities Conference Date: Wednesday, October 9, 2024Location: New YorkFormat: 1x1 Meetings A replay of the fireside chat at the Lytham Partners Fall 2024 Investor Conference will be available shortly after the conference on the Events page under the News & Media section of Fortress’ website: www.fortressbiotech.com for approximately 30 days following the meeting. About Fortress Biotech Fortress Biotech, Inc. (“Fortress”) is an innovative biopharmaceutical company focused on acquiring and advancing assets to enhance long-term value for shareholders through product revenue, equity holdings and dividend and royalty revenue. The company has seven marketed prescription pharmaceutical products and over 20 programs in development at Fortress, at its majority-owned and majority-controlled partners and subsidiaries and at partners and subsidiaries it founded and in which it holds significant minority ownership positions. Such product candidates span six large-market areas, including oncology, rare diseases and gene therapy, which allow it to create value for shareholders. Fortress advances its diversified pipeline through a streamlined operating structure that fosters efficient drug development. The Fortress model is focused on leveraging its significant biopharmaceutical industry expertise and network to further expand the company’s portfolio of product opportunities. Fortress has established partnerships with some of the world’s leading academic research institutions and biopharmaceutical companies to maximize each opportunity to its full potential, including AstraZeneca, City of Hope, Fred Hutchinson Cancer Center, Nationwide Children’s Hospital and Sentynl. For more information, visit www.fortressbiotech.com. Company Contact:Jaclyn JaffeFortress Biotech, Inc.(781) 652-4500ir@fortressbiotech.com Media Relations Contact:Tony Plohoros6 Degrees(908) 591-2839tplohoros@6degreespr.com

The rising demand for prostate cancer diagnostics is mainly driven by the growing incidence of the disease, heightened awareness and screening initiatives, and ongoing advancements in diagnostic technologies, projected for the period from 2024 to 2030. LAS VEGAS, Sept. 25, 2024 /PRNewswire/ -- DelveInsight's Prostate Cancer Diagnostics Market Insights report provides the current and forecast market analysis, individual leading prostate cancer diagnostics companies' market shares, challenges, prostate cancer diagnostics market drivers, barriers, trends, and key market prostate cancer diagnostics companies in the market. Key Takeaways from the Prostate Cancer Diagnostics Market Report As per DelveInsight estimates, North America is anticipated to dominate the global prostate cancer diagnostics market during the forecast period. In the test type segment of the prostate cancer diagnostics market, the imaging tests category had a significant revenue share in the prostate cancer diagnostics market in 2023. Notable prostate cancer diagnostics companies such as F. Hoffmann-La Roche Ltd, Myriad Genetics, Inc., Abbott., MDx Health, Siemens Healthcare, OPKO Health, Inc., Genomic Health, Inc., Agilent Technologies, Inc., BD., BIOCEPT, INC., Proteomedix, A3P Biomedical AB, GE HealthCare., Soteria Medical BV, Bio-Techne., Indica Labs, Inc., miR Scientific, MINOMIC®, ACON Laboratories, Inc., Hologic, Inc., and several others, are currently operating in the prostate cancer diagnostics market. In September 2023, MDxHealth announced a research collaboration with the University of Oxford to investigate the correlation between the Genomic Prostate Score (GPS) test and prostate cancer progression following treatment for localized prostate cancer. In July 2023, Quest Diagnostics launched the novel prostate cancer biomarker test through its subspecialty pathology business, AmeriPath, in collaboration with Envision Sciences. Envision Sciences Pty Ltd. is an Australian-based clinical diagnostics company developing a pipeline of biomarker-based cancer diagnostic and prognostic tests in tissue and blood. To read more about the latest highlights related to the prostate cancer diagnostics market, get a snapshot of the key highlights entailed in the Global Prostate Cancer Diagnostics Market Report Prostate Cancer Diagnostics Overview Prostate cancer diagnostics involve a combination of tests and procedures aimed at detecting the presence of cancerous cells in the prostate gland. The initial step typically includes a digital rectal examination (DRE), where a physician physically examines the prostate for abnormalities. However, the most definitive diagnostic tool is the prostate-specific antigen (PSA) blood test, which measures the level of PSA, a protein produced by the prostate. Elevated PSA levels can indicate prostate cancer, though they can also be due to other conditions such as benign prostatic hyperplasia (BPH) or prostatitis. If initial tests suggest the possibility of cancer, further diagnostic procedures are often employed. A prostate biopsy, usually guided by transrectal ultrasound (TRUS), involves taking small tissue samples from the prostate to be examined microscopically for cancer cells. Imaging techniques, such as magnetic resonance imaging (MRI) and computed tomography (CT) scans, can provide detailed views of the prostate and surrounding tissues to assess the extent of the cancer and aid in staging. Together, these diagnostic tools help to accurately identify prostate cancer, determine its aggressiveness, and guide appropriate treatment strategies. Prostate Cancer Diagnostics Market Insights In 2023, North America held the largest share of the prostate cancer diagnostics market compared to other regions. This dominance is largely due to the high incidence of prostate cancer, the growing elderly population, and the region's advanced diagnostic infrastructure. North America's sophisticated healthcare system, featuring cutting-edge hospitals, diagnostic centers, and research facilities, facilitates accurate and timely prostate cancer diagnoses through state-of-the-art imaging technologies like multiparametric MRI (mpMRI) and advanced laboratory testing. Additionally, North America's public health initiatives, advocacy efforts, and healthcare policies bolster prostate cancer awareness and promote regular screening among at-risk individuals. These initiatives, including the Canadian Cancer Society's Prostate Cancer Awareness Month in September, enhance early detection rates and diagnostic testing uptake. As a result, the increasing prevalence of prostate cancer and the region's high-quality healthcare infrastructure, combined with growing government awareness efforts, are expected to significantly drive the prostate cancer diagnostics market in North America throughout the forecast period. To know more about why North America is leading the market growth in the prostate cancer diagnostics market, get a snapshot of the Prostate Cancer Diagnostics Market Outlook Prostate Cancer Diagnostics Market Dynamics The prostate cancer diagnostics market is witnessing significant growth, driven by the i ncreasing prevalence of prostate cancer and advancements in diagnostic technologies. As one of the most common cancers affecting men globally, the need for early and accurate diagnosis has spurred innovation. Traditional diagnostic methods, such as prostate-specific antigen (PSA) testing, have faced criticism for their lack of specificity, leading to false positives and unnecessary biopsies. This has created a demand for more reliable, non-invasive, and precise diagnostic tools, contributing to the expansion of this market. Emerging diagnostic technologies, including liquid biopsies, genomic testing, and advanced imaging techniques, are gaining prominence. Liquid biopsies, for instance, offer a minimally invasive method to detect genetic mutations and monitor disease progression through blood samples. This approach is more patient-friendly and allows for continuous monitoring, unlike traditional biopsies. Genomic testing, on the other hand, enables personalized treatment strategies by identifying specific genetic markers linked to aggressive forms of prostate cancer. These innovations are helping clinicians make more informed decisions, thus improving patient outcomes and driving market growth. The rise of artificial intelligence (AI) and machine learning in medical diagnostics is another key factor influencing the prostate cancer diagnostics market. AI-driven platforms are being developed to enhance the accuracy of imaging technologies such as magnetic resonance imaging (MRI) and positron emission tomography (PET) scans. These systems can analyze complex data more efficiently, helping radiologists detect early-stage cancer with greater precision. Moreover, AI can assist in interpreting results from genomic and biomarker tests, reducing human error and speeding up diagnosis. The integration of AI in prostate cancer diagnostics is expected to further propel market expansion. However, despite these positive trends, the prostate cancer diagnostics market faces challenges. High costs associated with advanced diagnostic technologies, limited access to healthcare in certain regions, and the potential for overtreatment are key concerns. Nonetheless, ongoing research and development, coupled with growing collaborations between pharmaceutical companies and diagnostic tool developers, are likely to address these challenges and create lucrative opportunities for future growth in the market. Get a sneak peek at the prostate cancer diagnostics market dynamics @ Prostate Cancer Diagnostics Market Dynamics Analysis Prostate Cancer Diagnostics Market Assessment Prostate Cancer Diagnostics Market Segmentation Prostate Cancer Diagnostics Market Segmentation By Test Type: Imaging Tests, Biomarker Tests, Biopsy, Immunohistochemistry, and Others Prostate Cancer Diagnostics Market Segmentation By End User: Hospitals & Clinics, Diagnostic Centers, Research & Academics, and Others Prostate Cancer Diagnostics Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View Which MedTech key players in the prostate cancer diagnostics market are set to emerge as the trendsetter explore @ Prostate Cancer Diagnostics Companies Table of Contents Interested in knowing the prostate cancer diagnostics market by 2030? Click to get a snapshot of the Prostate Cancer Diagnostics Market Trends Related Reports Prostate Cancer Market Prostate Cancer Market Insight, Competitive Landscape, and Market Forecast – 2030 report delivers an in-depth understanding of market trends, market drivers, market barriers, and key prostate cancer companies, including Proteomedix, A3P Biomedical, GE HealthCare, Soteria Medical BV, Bio-Techne, F. Hoffmann-La Roche Ltd., Indica Labs Inc., OPKO HEALTH, INC., miR Scientific, LLC, MINOMIC®, Novartis AG, Johnson and Johnson Services, Inc., Astellas Pharma Inc., Cipla, AstraZeneca, Bayer AG, Zydus Cadila, Pfizer Inc., Avenda Health, The Sanpower Group, among others. Metastatic Prostate Cancer Market Metastatic Prostate Cancer Market Insights, Epidemiology, and Market Forecast – 2034 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, market share of the individual therapies, and key metastatic prostate cancer companies including AstraZeneca, Arvinas, Madison Vaccines, Phosplatin Therapeutics, Hinova Pharmaceuticals, Bristol Myers Squibb, Merck, MacroGenics, Daiichi Sankyo, Seagen, Taiho Pharmaceutical, Modra Pharmaceuticals, Xencor, Point Biopharma, Lantheus Holdings, Zenith Epigenetics, Essa Pharma, Telix Pharmaceuticals, Kintor Pharmaceutical, AB Science, Eli Lilly and Company, Exelixis among others. Metastatic Castration-Resistant Prostate Cancer Market Metastatic Castration-Resistant Prostate Cancer Market Insights, Epidemiology, and Market Forecast – 2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, market share of the individual therapies, and key metastatic castration-resistant prostate cancer companies including AstraZeneca, Merck Sharp & Dohme, Hinova Pharmaceuticals, Pfizer, Astellas Pharma, Janssen Research & Development, Tesaro, Modra Pharmaceuticals, AB Science, Essa Pharma, Eli Lilly and Company, Zr Pharma & GmbH, Bristol-Myers Squibb, Novartis, Ipsen, Exelixis, Takeda, Lantheus Holdings, Kintor Pharmaceutical, MacroGenics, Daiichi Sankyo, Bayer, Arvinas, Novartis, Point Biopharma, Xencor among others. Metastatic Castration-Sensitive Prostate Cancer Market Metastatic Castration-Sensitive Prostate Cancer Market Insights, Epidemiology, and Market Forecast – 2034 report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, market share of the individual therapies, and key mCSPC companies including Myovant Sciences, Pfizer, Bayer, Orion, Novartis, AstraZeneca, Pfizer, Janssen, Merck, Eli Lilly, among others. About DelveInsight DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance. Contact Us Shruti Thakur [email protected] +14699457679 Logo: SOURCE DelveInsight Business Research, LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In GET STARTED

MIAMI, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Fortress Biotech, Inc. (Nasdaq: FBIO) (“Fortress” or “Company”), an innovative biopharmaceutical company focused on acquiring and advancing assets to enhance long-term value for shareholders through product revenue, equity holdings and dividend and royalty revenue, today announced that on September 19, 2024 it entered into securities purchase agreements with healthcare focused institutional investors for the issuance and sale of 3,939,394 shares of its common stock (or pre-funded warrants in lieu thereof) in a registered direct offering at a purchase price of $1.65 per share. In a concurrent private placement, the Company also agreed to issue to the same investors warrants to purchase up to 3,939,394 shares of common stock. The private placement warrants have an exercise price of $1.84 per share, will be exercisable commencing six months from the date of issuance, and will expire five and one-half years following the date of issuance. In a separate concurrent private placement, the Chairman, CEO, and President of the Company (the “Insider”) purchased 763,359 shares of common stock at a price of $1.84 per share, which represents the consolidated closing bid price on September 19, 2024, and warrants to purchase up to 763,359 shares of common stock. These warrants were purchased at a price of $0.125 per warrant, have an exercise price of $1.84 per share, will be exercisable commencing six months from the date of issuance, and will expire five and one-half years following the date of issuance. The gross proceeds from the offerings, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $8 million. Fortress expects to use the net proceeds from the offerings for its operations, including, but not limited to, general corporate purposes, which may include research and development expenditures, clinical trial expenditures, license or acquisition of new products, and working capital. A.G.P./Alliance Global Partners is acting as sole placement agent for the offerings. The offerings are expected to close on or about September 23, 2024, subject to the satisfaction of customary closing conditions. The common stock offered to the healthcare focused institutional investors described above are being offered pursuant to a registration statement on Form S-3 (File No. 333-279516), which was declared effective by the Securities and Exchange Commission (the “SEC”) on May 30, 2024. The offering is being made only by means of a prospectus which is a part of the effective registration statement. The warrants will be issued in a concurrent private placement. A final prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Additionally, when available, electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com. The private placement of the common stock offered to the Insider of the Company and the private placement of the warrants and the shares underlying the warrants offered to the healthcare focused institutional investors and the Insider will be made in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act and/or Regulation D thereunder. Accordingly, the securities issued in the concurrent private placements may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in this offering, nor shall there by any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Fortress Biotech Fortress Biotech, Inc. (“Fortress”) is an innovative biopharmaceutical company focused on acquiring and advancing assets to enhance long-term value for shareholders through product revenue, equity holdings and dividend and royalty revenue. The company has seven marketed prescription pharmaceutical products and over 20 programs in development at Fortress, at its majority-owned and majority-controlled partners and subsidiaries and at partners and subsidiaries it founded and in which it holds significant minority ownership positions. Such product candidates span six large-market areas, including oncology, rare diseases and gene therapy, which allow it to create value for shareholders. Fortress advances its diversified pipeline through a streamlined operating structure that fosters efficient drug development. The Fortress model is focused on leveraging its significant biopharmaceutical industry expertise and network to further expand the company’s portfolio of product opportunities. Fortress has established partnerships with some of the world’s leading academic research institutions and biopharmaceutical companies to maximize each opportunity to its full potential, including AstraZeneca, City of Hope, Fred Hutchinson Cancer Center, Nationwide Children’s Hospital and Sentynl. For more information, visit www.fortressbiotech.com. Forward-Looking StatementsStatements in this press release that are not descriptions of historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. The words “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “might,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology are generally intended to identify forward-looking statements. These forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated include risks relating to: our growth strategy, financing and strategic agreements and relationships; the ongoing UTRF litigation and our indemnification of Caelum in connection therewith; our need for substantial additional funds and uncertainties relating to financings; our ability to identify, acquire, close and integrate product candidates successfully and on a timely basis; our ability to attract, integrate and retain key personnel; the early stage of products under development; the results of research and development activities; uncertainties relating to preclinical and clinical testing; our ability to obtain regulatory approval for products under development; the ability to successfully commercialize products for which we receive regulatory approval or receive royalties or other distributions from third parties; our ability to secure and maintain third-party manufacturing, marketing and distribution of our and our partner companies’ products and product candidates; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as may be required by law, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The information contained herein is intended to be reviewed in its totality, and any stipulations, conditions or provisos that apply to a given piece of information in one part of this press release should be read as applying mutatis mutandis to every other instance of such information appearing herein. Company Contact:Jaclyn JaffeFortress Biotech, Inc.(781) 652-4500ir@fortressbiotech.com Media Relations Contact:Tony Plohoros6 Degrees(908) 591-2839tplohoros@6degreespr.com