SRNE - Sorrento subsidiary Scilex expands distribution network to national regional wholesalers

Scilex Holding Co., a subsidiary of Sorrento Therapeutics (NASDAQ:SRNE), is expanding its direct distribution network to national and regional wholesalers and pharmacies. Scilex said the move gives it better control over distribution of its lidocaine patch Ztildo and to launch future products. In March, it was announced that Scilex would go public through a combination with SPAC Vickers Vantage Corp. I (VCKA). The transaction is expected to close in Q3.

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Sorrento subsidiary Scilex expands distribution network to national, regional wholesalers