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 therapies for acute and chronic pain. Its flagship product, ZTlido 1.8%, is a prescription lidocaine topical product designed to relieve neuropathic pain associated with post-herpetic neuralgia. The company also offers SP-102 (SEMDXA), a viscous gel corticosteroid formulation for epidural injections in Phase 3 clinical trials for lumbosacral radicular pain, as well as SP-103 for low back pain in Phase 2 trials, and SP-104, a low-dose delayed-release naltrexone hydrochloride formulation for fibromyalgia in Phase 1 trials.