Scilex Holding Company is a biopharmaceutical company focused on developing and commercializing innovative pain management therapies
The company leverages advanced science and technology to create novel medical solutions aimed at improving the quality of life for patients suffering from acute and chronic pain conditions. With a commitment to addressing unmet medical needs, Scilex prioritizes the development of safe and effective therapeutic options, contributing to the evolving landscape of pain management in healthcare.
Alliance Global Partners has initiated coverage on Scilex Holding Company. The company explores strategic options for its subsidiary, Scilex Pharma, including potential spinoffs and dividend distributions, while anticipating significant sales from its pain treatment candidate, SEMDEXA.
Semnur Pharmaceuticals, a subsidiary of Scilex, plans a business combination with Denali Capital Acquisition Corp. Semnur's lead product, SP-102 (SEMDEXA), a novel non-opioid pain therapy for sciatica, has shown promising Phase 3 trial results.
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 1% on Friday. The Dow traded up 0.23% to 39,084.47 while the NASDAQ rose 1.22% to 16,287.91. The S&P 500 also rose, gaining, 0.78% to 5,135.86.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Friday. The Dow traded up 0.02% to 39,005.87 while the NASDAQ rose 0.63% to 16,193.95. The S&P 500 also rose, gaining, 0.40% to 5,116.75.
U.S. stocks traded mixed this morning, with the Dow Jones falling around 40 points on Friday. Following the market opening Friday, the Dow traded down 0.11% to 38,954.76 while the NASDAQ rose 0.11% to 16,109.20. The S&P 500 also rose, gaining, 0.04% to 5,098.24.
Shares of NetApp, Inc. (NASDAQNTAP) shares rose sharply in today’s pre-market trading after the company reported better-than-expected third-quarter financial results and issued guidance.
Shares of FLJ Group Limited (NASDAQFLJ) shares jumped during Friday’s session after the company announced it entered into a definitive agreement to acquire Alpha Mind Technology. FLJ Group shares jumped 96.4% to $0.2123 on Friday.
