Name | Value |
---|---|
Revenues | 10.6M |
Cost of Revenue | 3.6M |
Gross Profit | 7.0M |
Operating Expense | 32.5M |
Operating I/L | -25.5M |
Other Income/Expense | -5.3M |
Interest Income | 0.0M |
Pretax | -30.7M |
Income Tax Expense | 0.0M |
Net Income/Loss | -30.8M |
Scilex Holding Company, a subsidiary of Sorrento Therapeutics, Inc., specializes in developing and commercializing non-opioid management products for acute and chronic pain. Its flagship product, ZTlido 1.8%, is a prescription lidocaine topical product designed to alleviate neuropathic pain associated with post-herpetic neuralgia. Additionally, the company offers SP-102, a gel formulation of corticosteroid for epidural injections in Phase III clinical trials for lumbosacral radicular pain, and SP-103, in Phase II clinical trials for low back pain treatment. Furthermore, Scilex Holding Company has developed SP-104, a low-dose delayed-release naltrexone hydrochloride formulation, which has completed Phase I clinical trials for fibromyalgia treatment.