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Companies / Healthcare / Scilex Holding Co
SCLX

Scilex Holding Co

HealthcareBiological Products
Ticker SCLXPALO ALTO, CAFiscal year ends DecemberBook value per share $-44.74Diluted shares 6.9M

Scilex Holding Company (Nasdaq: SCLX) is an innovative revenue-generating biopharmaceutical company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain. The company operates through its wholly owned subsidiary Scilex, Inc. (formerly known… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$30.25M
−46.5% year over year
Last 12 mo $31.61M
-1143.71%
−996.3 percentage points
Last 12 mo -1136.40%
$-374.05M
−413.8% year over year
Last 12 mo $-464.56M
144.72%
+106.9 percentage points
Last 12 mo 150.67%
Cash & financing
$3.82M
−80.3% year over year
Last 12 mo $-17.09M
$3.68M
−81.0% year over year
Last 12 mo $-17.09M
-0.53
Was -0.19× a year earlier
Last 12 mo -0.27
11.0M
−91.8% year over year
Last 12 mo 6.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Scilex Holding Co does

In the company’s own words

Scilex Holding Company (Nasdaq: SCLX) is an innovative revenue-generating biopharmaceutical company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain. The company operates through its wholly owned subsidiary Scilex, Inc. (formerly known as Scilex Holding Company), which was formed through a business combination with Vickers Vantage Corp. I that closed in November 2022. More information about the company is available at www.scilexholding.com.

The company's commercial product portfolio includes ZTlido (lidocaine topical system) 1.8%, a prescription topical product approved by the FDA for relief of neuropathic pain associated with postherpetic neuralgia, which launched in October 2018. ELYXYB, the only FDA-approved ready-to-use oral solution for acute migraine treatment in adults, launched in April 2023. GLOPERBA, the first and only liquid oral version of colchicine for gout prophylaxis, launched in June 2024. The company also maintains a pipeline of product candidates including SEMDEXATM (SP-102), a viscous gel formulation for epidural injection to treat sciatica that has completed Phase 3 trials; SP-103, a triple-strength lidocaine topical system for acute pain that completed Phase 2 trials; and SP-104, a low-dose naltrexone delayed-release formulation for fibromyalgia that completed Phase 1 trials.

Scilex employs a dedicated sales force of over 30 people targeting approximately 3,500 healthcare providers including primary care physicians, pain specialists, neurologists and palliative care physicians. The company leverages its commercial infrastructure across multiple therapeutic areas and maintains relationships with major pharmacy benefit managers and health plans to achieve formulary placement for its products.

In addition to its core pain management business, Scilex has adopted a cryptocurrency treasury strategy intending to invest in bitcoin, Ethereum and other blockchain-linked cryptocurrencies as long-term treasury assets. The company also established a subsidiary, Scilex Bio, Inc., which in April 2025 signed an exclusive worldwide license agreement for the KDS2010 drug candidate to develop and commercialize in metabolic diseases and neurodegenerative diseases.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
PALO ALTO, CA
Fiscal year end
December
CIK
1820190
SIC
2836

Financial performance, year by year

Fiscal 2021–2025 · USD
$-516.68M$-360.33M$-203.99M$-47.64M$108.71M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Scilex Holding Co — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

17
funds hold it
0 of 35
superinvestors hold it
$2.73M
held by funds, at market
4.1%
of shares held by funds

Largest fund holders · Scilex Holding Co’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
0.00%of fund net assets
T. Rowe Price Extended Equity Market Index Fund
PEXMX · T. ROWE PRICE INDEX TRUST, INC.
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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