Scorpius Holdings CEO Jeff Wolf Provides Corporate Update
Portfolio Pulse from Benzinga Newsdesk
Scorpius Holdings, Inc (NYSE American: SCPX) has expanded its biologic manufacturing capabilities, resulting in a threefold revenue increase for the first half of 2024. The company raised $14.4 million to support growth and transition key clients to full-scale manufacturing.
August 26, 2024 | 12:14 pm
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Scorpius Holdings has significantly increased its revenue and expanded its manufacturing capabilities, positioning itself for further growth in the biologic and cell therapy markets. The recent $14.4 million financing will support this expansion.
The company's substantial revenue growth and successful financing indicate strong operational performance and potential for future expansion. The transition of clients to full-scale manufacturing suggests a solid pipeline and increased revenue potential.
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