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Scilex Holding Company Announces 5-Year Term of $100 Million Financing with Royalty-Based Payments and Potential Strategic Transactions with Perigrove and its Portfolio Companies
GlobeNewswire News Room· 2024-06-11 23:20
In connection with the transaction, upon receipt of the Commitment funds, the Company will issue to the Lender a warrant to purchase up to an aggregate of 32,500,000 shares of the Company's common stock, with an exercise price of $1.20. In the event the Commitment is not funded in accordance with the Commitment Letter, the Deposit will automatically convert to an unsecured loan and the Company will issue an unsecured promissory note (the "Note") to the Lender to evidence such unsecured loan. The Note will h ...
Scilex Holding Company Announces That Many National Pharmacy Chains and Independent Pharmacies Have Begun Stocking GLOPERBA®
Newsfilter· 2024-06-11 13:00
1) https://jamanetwork.com/journals/jama/fullarticle/2787544#:~:text=How%20Common%20Is%20Gout%3F,%25%20of%20the%20adult%20populati1) 2) Evaluate Pharma data SEMDEXA™ (SP-102) is a trademark owned by Semnur Pharmaceuticals, Inc., a wholly-owned subsidiary of Scilex Holding Company. A proprietary name review by the FDA is planned. ZTlido® is a registered trademark owned by Scilex Pharmaceuticals Inc., a wholly-owned subsidiary of Scilex Holding Company. Gloperba® is the subject of an exclusive, transferable l ...
Scilex Holding Company Announces That Many National Pharmacy Chains and Independent Pharmacies Have Begun Stocking GLOPERBA®
GlobeNewswire News Room· 2024-06-11 13:00
Scilex launched its third commercial product, GLOPERBA® on June 10, 2024. Scilex has officially shipped its recently approved, GLOPERBA® to many national drug/pharmacy chains, as well as independent pharmacies. GLOPERBA® will be the first oral liquid medicine for prophylaxis of gout flares available beginning this week with a WAC Price of $595/bottle. Scilex is also in the process of negotiating similar potential stocking arrangements with additional pharmacy chains in the U.S. Scilex remains committed to e ...
Scilex Holding Company Announces Stocking of GLOPERBA® is Underway in all of the Wholesalers with which Scilex has Stocking Arrangements Throughout the U.S.
Newsfilter· 2024-06-10 15:49
Product Launch and Stocking - Scilex is launching its third commercial product, GLOPERBA®, which is the first and only liquid oral formulation of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults [1][7] - Stocking of GLOPERBA® is underway in all wholesalers with which Scilex has stocking arrangements throughout the U S, and completion is expected by June 12, 2024 [1][7] - Patients will have access to a co-pay savings card for GLOPERBA® [1] Product Pipeline - Scilex has three product candidates: SP-102 (SEMDEXA™), a novel viscous gel formulation of dexamethasone sodium phosphate for epidural injections to treat sciatica, which has completed Phase 3 trials and received FDA Fast Track status in 2017 [2] - SP-103, a next-generation triple-strength formulation of ZTlido for chronic neck pain, has completed Phase 2 trials for low back pain and received FDA Fast Track status [2] - SP-104, a low-dose delayed-release naltrexone hydrochloride capsule for fibromyalgia, completed Phase 1 trials in Q2 2022 [2] Company Overview - Scilex Holding Company is an innovative revenue-generating company focused on acquiring, developing, and commercializing non-opioid pain management products for acute and chronic pain [16] - The company targets indications with high unmet needs and large market opportunities, aiming to improve patient outcomes with non-opioid therapies [16] - Scilex's commercial products include ZTlido® for neuropathic pain, ELYXYB® for migraine treatment, and GLOPERBA® for gout flare prophylaxis [16] Trademarks and Intellectual Property - GLOPERBA® is the subject of an exclusive, transferable license to Scilex Holding Company for the use of the registered trademark [5] - SEMDEXA™ (SP-102) is a trademark owned by Semnur Pharmaceuticals, Inc, a wholly-owned subsidiary of Scilex Holding Company, with a proprietary name review by the FDA planned [10] - ZTlido® and ELYXYB® are registered trademarks owned by Scilex Pharmaceuticals Inc and Scilex Holding Company, respectively [17][18]
Scilex Holding Company Announces Stocking of GLOPERBA® is Underway in all of the Wholesalers with which Scilex has Stocking Arrangements Throughout the U.S.
GlobeNewswire News Room· 2024-06-10 15:49
Stocking of GLOPERBA® is underway in all of the wholesalers with which Scilex has stocking arrangements throughout the U.S and Scilex expects completion of stocking by Wednesday June 12, 2024. Today, Scilex is launching its third commercial product, GLOPERBA®. Patients will have support of the co-pay savings card for GLOPERBA®. GLOPERBA® is the first and only liquid oral formulation of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. Scilex increased producti ...
Scilex Holding Company announces the U.S. FDA has approved the sNDA for commercial manufacturing of Gloperba® which will be launched in the US in the week of June 10th 2024
Newsfilter· 2024-06-06 18:56
Gloperba® is the first and only liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. Gout is a painful arthritic disorder affecting an estimated 9.2 million people in the United States1. As gout cases increase every year, treatment requirements increase. The gout treatment market is projected to be $2.0 billion in the U.S. by 2028 with a well-defined area of unmet need.2 Over 70% of gout patients have comorbid conditions that may require do ...
Scilex Holding Company announces the U.S. FDA has approved the sNDA for commercial manufacturing of Gloperba® which will be launched in the US in the week of June 10th 2024
GlobeNewswire News Room· 2024-06-06 18:56
Gloperba® is the first and only liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. Gout is a painful arthritic disorder affecting an estimated 9.2 million people in the United States1. As gout cases increase every year, treatment requirements increase. The gout treatment market is projected to be $2.0 billion in the U.S. by 2028 with a well-defined area of unmet need.2 Over 70% of gout patients have comorbid conditions that may require do ...
Scilex Holding Company Sends Letters to the U.S. Securities and Exchange Commission and Financial Industry Regulatory Authority Regarding Illegal Market Manipulation of the Common Stock of Scilex Holding Company
Newsfilter· 2024-05-30 17:19
PALO ALTO, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX, "Scilex" or the "Company"), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, today sends a letter to both the U.S. Securities and Exchange Commission and Financial Industry Regulatory Authority regarding illegal market manipulation of the common stock of Scilex. The practice of manipulative or a ...
Scilex Holding Company Sends Letters to the U.S. Securities and Exchange Commission and Financial Industry Regulatory Authority Regarding Illegal Market Manipulation of the Common Stock of Scilex Holding Company
GlobeNewswire News Room· 2024-05-30 17:19
PALO ALTO, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX, "Scilex" or the "Company"), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, today sends a letter to both the U.S. Securities and Exchange Commission and Financial Industry Regulatory Authority regarding illegal market manipulation of the common stock of Scilex. The practice of manipulative or a ...
Scilex Holding Company Announces it has been Added to the MSCI Global Microcap Index
Newsfilter· 2024-05-24 17:40
For more information on Gloperba®, including Full Prescribing Information, refer to www.gloperba.com. https://www.facebook.com/scilex.pharm https://www.linkedin.com/company/scilex-holding-company/ info@scilexholding.com PALO ALTO, Calif., May 24, 2024 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX, "Scilex" or "Company"), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, tod ...