Business
Scilex Holding Company announces the commercial launch of ELYXYBTM (celecoxib oral solution) in the U.S., strengthening its leadership position in non-opioid pain management
ELYXYBTM is a first-line treatment and the only FDA-approved, ready-to-use oral solution for the acute treatment of migraine, with or without aura, in
About this update from Scilex Holding Company
[{"type":"text","content":"ELYXYBTM is a first-line treatment and the only FDA-approved, ready-to-use oral solution for the acute treatment of migraine, with or without aura, in adults.1 The U.S. oral migraine drug market size is estimated to be $1.8 billion in 2022.2There is strong evidence for the use of NSAIDs as a first-line treatment for migraine. Celecoxib is in the same class of agents, is fast acting, and has the potential to have the lowest GI side effects of all NSAIDs.3Strong re-launch commercialization efforts including multiple manuscripts, five posters at American Headache Society (AHS), and more than six thousand interactions with potential customers have laid the groundwork for what Scilex believes will be the successful re-introduction of ELYXYBTMThe New Drug Application (NDA) for ELYXYBTM has been transferred to Scilex. Scilex is planning to launch the product in the second quarter of 2023 through its wholly owned subsidiary, Scilex Pharmaceuticals Inc.Scilex is well-positioned to market and distribute ELYXYBTM which is highly complementary to Scilex’s existing commercial offerings. Scilex is negotiating a distribution agreement with a major third-party logistic provider for warehousing and distribution of ELYXYBTM.Scilex has a very experienced commercial and managed care team that has successfully launched and grown market access for ZTlido (lidocaine topical system) for over 200 million covered lives in the U.S.The combined commercial pain portfolio of ZTlido, Gloperba and ELYXYBTM offers end-to-end non-opioid solutions along the pain pathway. PALO ALTO, Calif., Feb. 27, 2023 (GLOBE NEWSWIRE) -- 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 the commercial launch of ELYXYBTM (celecoxib oral solution) in the U.S. Starting today, ELYXYBTM is available in pharmacies to customers and supplied through their normal wholesaler and distributor channels. ELYXYBTM was approved by the U.S. Food and Drug Administration (FDA) on May 6, 2020, for the treatment of acute migraine with or without aura in adults. Strong re-launch commercialization efforts including multiple manuscripts, five poster...