Scilex Holding Company Announces Pharmacy Initiative To Stock ELYXYB In Over 500 Stores For A Leading Pharmacy Chain In The U.S.
Portfolio Pulse from Benzinga Newsdesk
Scilex Holding Company has announced an agreement to stock ELYXYB in over 500 stores of a leading U.S. pharmacy chain. The company is also negotiating with other major chains. ELYXYB is a non-opioid pain management product for acute migraine patients, offering pain relief in clinical studies within 15 minutes. More information is available on ELYXYB.com.
November 28, 2023 | 2:09 pm
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Scilex's agreement to stock ELYXYB in over 500 stores could increase product availability and sales, potentially boosting the company's revenue and stock price.
The agreement to stock ELYXYB in a leading pharmacy chain significantly increases the product's market presence, which is likely to lead to higher sales and revenue for Scilex. This positive development is expected to be well-received by investors and could lead to a short-term increase in the stock price, assuming market conditions are favorable and the company executes the rollout effectively.
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IMPORTANCE 85
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