Name | Value |
---|---|
Revenues | 13.5M |
Cost of Revenue | 5.6M |
Gross Profit | 7.9M |
Operating Expense | 26.2M |
Operating I/L | -18.3M |
Other Income/Expense | -3.1M |
Interest Income | 0.0M |
Pretax | -21.4M |
Income Tax Expense | 0.0M |
Net Income/Loss | -21.4M |
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.