EXHIBIT 21.1
SUBSIDIARIES OF FORTRESS BIOTECH, INC.
Subsidiaries of Fortress Biotech, Inc. at December 31, 2024, with jurisdiction of incorporation or formation:
| ● | Aevitas Therapeutics, Inc. (Delaware) |
| ● | Avenue Therapeutics, Inc. (Delaware) |
| ● | Cellvation, Inc. (Delaware) |
| ● | Checkpoint Therapeutics, Inc. (Delaware) |
| ● | Cyprium Therapeutics, Inc. (Delaware) |
| ● | Helocyte, Inc. (Delaware) |
| ● | Journey Medical Corporation (Delaware) |
| ● | Mustang Bio, Inc. (Delaware) |
| ● | Oncogenuity, Inc. (Delaware) |
| ● | Urica Therapeutics, Inc. (Delaware) |