Download PDF

1. Company Snapshot

1.a. Company Description

Scilex Holding Company, a biopharmaceutical company, focuses on developing and commercializing non-opioid management products for the treatment of acute and chronic pain.Its commercial product is ZTlido 1.8%, a prescription lidocaine topical product for the relief of neuropathic pain related with post-herpetic neuralgia, which is a form of post-shingles nerve pain.It also offers SP-102, a viscous gel formulation of corticosteroid for epidural injections that is in a Phase III clinical trial to treat lumbosacral radicular pain; SP-103, which is in Phase II clinical trail for the treatment of low back pain; and SP-104, a novel low-dose delayed-release naltrexone hydrochloride formulation that has completed Phase I clinical trial for the treatment of fibromyalgia.


The company is headquartered in Palo Alto, California.Scilex Holding Company is a subsidiary of Sorrento Therapeutics, Inc.

Show Full description

1.b. Last Insights on SCLX

Scilex Holding Company's recent performance was driven by several positive developments. The company regained compliance with NASDAQ's minimum bid price requirement, alleviating concerns about its listing status. Additionally, Scilex presented a post-hoc analysis of the C.L.E.A.R. trial, highlighting the clinical meaningfulness of its SP-102 product for treating lumbosacral radicular pain. Furthermore, the company announced a publication on GLOPERBA dosing adjustments in a peer-review journal, demonstrating its commitment to advancing its non-opioid pain management products.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

3. NewsRoom

Card image cap

Scilex Holding Company Announces Closing of Previously Announced Second Tranche Investment in Datavault AI Inc., Completing Its Two-Tranche Equity Financing in Datavault AI Inc.

Nov -26

Card image cap

Datavault AI Announces Closing of the Second Tranche of Scilex Holding Company's Previously Announced Equity Financing

Nov -26

Card image cap

Scilex Holding Company Announces Closing of Exercise of Warrants for $20.3 Million Gross Proceeds

Nov -25

Card image cap

Scilex Holding Company Announces Exercise of Warrants for $20.3 Million Gross Proceeds

Nov -24

Card image cap

Scilex Holding Company Announces Update Regarding Distribution of Dream Bowl 2026 Meme Coin by Datavault AI Inc.

Nov -21

Card image cap

Scilex Holding Company Announces that the Board of Directors of Datavault AI Inc. Has Approved the Distribution of a Dream Bowl 2026 Meme Coin to All Eligible Scilex and Datavault AI Stockholders of Record and Set a Record Date of November 25, 2025

Nov -11

Card image cap

Datavault AI Inc. (NASDAQ: DVLT) Issues Investor Update Highlighting Continued Revenue Growth, Strategic Partnerships, and Global Expansion

Nov -10

Card image cap

Datavault AI Inc. Announces a $10M Worldwide Exclusive License Agreement with Scilex Holding Company for Tokenization and Monetization of Real-World Assets (RWA) in Genomic, DNA Data, Diagnostics, Therapeutics, Genetic, and Drug Information

Nov -04

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (8.50%)

6. Segments

Non-Opioid Pain Management Products

Expected Growth: 8.5%

Scilex Holding Company's Non-Opioid Pain Management Products are driven by increasing demand for alternative pain relief options, growing awareness of opioid risks, and expanding prescription rates among healthcare professionals. Additionally, the company's innovative products, strategic partnerships, and strong marketing efforts contribute to its 8.5% growth rate.

7. Detailed Products

ZTlido

A topical system lidocaine patch for the relief of pain associated with post-herpetic neuralgia (PHN)

Sorilux

A topical foam for the treatment of plaque psoriasis

Zylera

An oral antibiotic for the treatment of community-acquired bacterial pneumonia (CABP) and acute bacterial skin and skin structure infections (ABSSSI)

Sorilux Foam

A topical foam for the treatment of plaque psoriasis

8. Scilex Holding Company's Porter Forces

Forces Ranking

Threat Of Substitutes

Scilex Holding Company's products are moderately susceptible to substitutes, as there are alternative treatments available for pain management. However, the company's focus on innovative and non-opioid solutions may mitigate this threat.

Bargaining Power Of Customers

Scilex Holding Company's customers, primarily healthcare providers and patients, have limited bargaining power due to the company's specialized products and limited competition in the pain management market.

Bargaining Power Of Suppliers

Scilex Holding Company's suppliers, including contract manufacturers and raw material providers, have moderate bargaining power due to the company's dependence on a few key suppliers. However, the company's strong relationships with suppliers mitigate this risk.

Threat Of New Entrants

The threat of new entrants in the pain management market is low due to high barriers to entry, including significant research and development costs, regulatory hurdles, and the need for specialized expertise.

Intensity Of Rivalry

The intensity of rivalry in the pain management market is high due to the presence of established players and the high stakes of competition. Scilex Holding Company must differentiate its products and services to maintain a competitive edge.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight -270.22%
Debt Cost 3.95%
Equity Weight 370.22%
Equity Cost 8.52%
WACC 20.86%
Leverage -72.99%

11. Quality Control: Scilex Holding Company passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Xeris Biopharma

A-Score: 5.2/10

Value: 6.2

Growth: 7.1

Quality: 5.4

Yield: 0.0

Momentum: 10.0

Volatility: 2.7

1-Year Total Return ->

Stock-Card
OrthoPediatrics

A-Score: 3.8/10

Value: 8.4

Growth: 4.0

Quality: 5.2

Yield: 0.0

Momentum: 1.5

Volatility: 4.0

1-Year Total Return ->

Stock-Card
Scilex

A-Score: 3.8/10

Value: 8.3

Growth: 6.3

Quality: 5.6

Yield: 0.0

Momentum: 2.0

Volatility: 0.3

1-Year Total Return ->

Stock-Card
Varex Imaging

A-Score: 3.6/10

Value: 8.1

Growth: 1.3

Quality: 2.8

Yield: 0.0

Momentum: 6.5

Volatility: 3.0

1-Year Total Return ->

Stock-Card
OmniAb

A-Score: 2.7/10

Value: 7.7

Growth: 1.6

Quality: 4.6

Yield: 0.0

Momentum: 0.0

Volatility: 2.3

1-Year Total Return ->

Stock-Card
Star Equity Holdings

A-Score: 2.6/10

Value: 9.4

Growth: 0.9

Quality: 4.3

Yield: 0.0

Momentum: 1.0

Volatility: 0.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

19.15$

Current Price

19.15$

Potential

-0.00%

Expected Cash-Flows