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Joint Statement by Sorrento Therapeutics, Inc. and Scilex Holding Company on Today's Isolated Chapter 11 Filing By Sorrento Therapeutics, Inc. - Sorrento Therapeutics (NASDAQ:SRNE), Scilex Holding (NASDAQ:SCLX)

Summary by Ground News
Scilex Holding Company, majority-owned by Sorrento Therapeutics, Inc., is an innovative revenue-generating company focused on acquiring, developing, and commercializing non-opioid pain management products. Scilex launched its first commercial product in October 2018, in-licensed a commercial Product in June 2022, and is developing its late-stage pipeline, which includes a pivotal Phase 3 candidate.

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The Motley Fool broke the news in Alexandria, United States on Monday, February 13, 2023.
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