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Scilex Holding Company Announces Financing Of Up To $25 Million To Enhance Commercialization Of Three Fda Approved Non-Opioid Pain Management Products

PRIVATEMar 21, 2023

Round Type

Funding Round

San DiegoBiotechnologyHealthcareHealth Care

Description

Scilex Holding Company (Nasdaq: SCLX, “Scilex”), a majority-owned subsidiary of Sorrento Therapeutics, Inc. (OTC: SRNEQ), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, announced that it has entered into a securities purchase agreement with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (”Yorkville”), for the issuance and sale of unsecured convertible debentures in the principal amount of up to $25 million.

Quick answer

Scilex Pharmaceuticals raised an undisclosed amount in a Funding Round round, dated March 21, 2023. Scilex Pharmaceuticals is based in San Diego, California, United States.

How much did Scilex Pharmaceuticals raise?
Scilex Pharmaceuticals raised an undisclosed amount in a Funding Round round on March 21, 2023.
What does Scilex Pharmaceuticals do?
Scilex Pharmaceuticals is a biopharmaceutical company focused on developing therapies for acute and chronic pain.
Where is Scilex Pharmaceuticals based and how big is it?
Scilex Pharmaceuticals is based in San Diego, California, United States.
Who are the decision-makers at Scilex Pharmaceuticals?
Fundz holds 1 contact at Scilex Pharmaceuticals. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Biotechnology around the same time

Companies in the same sectors as Scilex Pharmaceuticals that raised within 45 days of this round, from Fundz verified event records.

  • Optimize Systems raised $6M on May 4, 2023.
  • MiCare Path raised $1.2M (Seed) on May 4, 2023.
  • Flyte raised $2.6M (Seed) on May 2, 2023.
  • Novabay raised $3M (Seed) on May 1, 2023.
  • Eximis Surgical raised $8.7M (Funding Round) on April 24, 2023.
  • Shape Memory Medical raised $4.8M (Seed) on April 24, 2023.

Who to call at Scilex Pharmaceuticals, and when

A new round usually means Scilex Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Scilex Pharmaceuticals

Location

San Diego, California, United States

About

Scilex Pharmaceuticals is a biopharmaceutical company focused on developing therapies for acute and chronic pain. The company is committed to improving patient outcomes through innovative treatment options. Scilex aims to address unmet medical needs in pain management. Their research and products are designed to enhance quality of life for patients.

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Related People

1 contact
Verified contacts4 people are listed at Scilex Pharmaceuticals. We don't have their email yet.See plans and pricing
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Scilex Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.