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Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Company Fundamentals
06 Jul 2026, 17:00 WIB
Na
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Bullish
Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, product development, acquisitions, and operations. The deal awaits due diligence, approvals, and regulatory clearance. The investment highlights growing international interest in Scilex's non-opioid pain management products and innovative therapies pipeline, aligning with iHolding's vision to develop Kazakhstan as a regional pharmaceutical hub.

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