Annual report pursuant to Section 13 and 15(d)

Non-Controlling Interests

v3.24.1
Non-Controlling Interests
12 Months Ended
Dec. 31, 2023
Non-Controlling Interests  
Non-Controlling Interests

11. Non-Controlling Interests

On April 21, 2023, Aevitas ceased to be a controlled Fortress entity and as such is no longer consolidated (see Note 3). Fortress’ ownership in Baergic was transferred to Avenue as of November 7, 2022 (see Note 14). Tamid was dissolved in the year ended December 31, 2023 due to inactivity.

The Company’s ownership interest in its consolidated subsidiaries in 2023 was similar to 2022, except for Checkpoint which decreased from 18% to 9% and Journey, which decreased from 56% to 50%.