• 09/20/2024

Bankrupt Drugmaker Sorrento’s Scilex Unit Explores Stock Sale

Wall Street Journal

Sorrento Therapeutics’ subsidiary Scilex is exploring the issuance of new stock to take advantage of a share-price rally as Sorrento charts a path out of chapter 11.

https://www.wsj.com/articles/bankrupt-drugmaker-sorrentos-scilex-unit-explores-stock-sale-b339d1c