SCLX sure is a PR machine!...Scilex Generates Monthly Revenue In November... | SRNE Message Board Posts


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Msg  1946 of 2010  at  12/1/2023 9:58:04 AM  by

put_lipstick_on_this_pig


SCLX sure is a PR machine!...Scilex Generates Monthly Revenue In November...

Wish I knew if we SRNE shareholders were ever going to benefit from all this news down the road...
 
 

Scilex Holding Company Generates Monthly Revenue In November 2023 And Provides Certain Preliminary Unaudited Financial Results For Gross And Net Sales For The One Month Ended November 2023, And Year-To-Date Through November 30, 2023, Based On Currently Available Information

 
 

PALO ALTO, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX, “Scilex” or “Company”), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, today announced monthly revenue in November 2023 and provided certain preliminary unaudited financial results for gross and net sales for the one month ended November 2023 and year-to-date through November 30, 2023.

The Company estimates that:

  • ZTlido gross sales for November 2023 were in the range of $14.0 million to $15.0 million with year-to-date gross sales through November 2023 in the range of $125.0 million to $135.0 million, compared to $84.6 million for year-to-date through November 2022, representing growth in the range of approximately 48% to 60%.

    • Projected full year gross sales for ZTlido in 2023 are estimated to be in the range of $140.0 million to $150.0 million, compared to $96.0 million in 2022, representing estimated growth in the range of approximately 46% to 56%.

  • ZTlido net sales for November 2023 were in the range of $3.9 million to $4.5 million with year-to-date net sales through November 2023 in the range of $40.0 million to $43.0 million, compared to $33.9 million for year-to-date through November 2022, representing growth in the range of approximately 18% to 27%.

    • Projected full year net sales for ZTlido in 2023 are estimated to be in the range of $44.0 million to $50.0 million, compared to $38.0 million in 2022, representing estimated growth in the range of approximately 16% to 32%.

  • Total product gross sales for November 2023 were in the range of $14.0 million to $16.0 million with year-to-date total product gross sales through November 2023 in the range of $130.0 million to $140.0 million, compared to $84.6 million for year-to-date through November 2022, representing growth in the range of approximately 54% to 65%.

  • Total product net sales for November 2023 were in the range of $4.0 million to $4.6 million with year-to-date total product net sales through November 2023 in the range of $41.0 million to $44.0 million, compared to $33.9 million for year-to-date through November 2022, representing growth in the range of approximately 21% to 30%.



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