Scilex Appoints Kasowitz LLP as Legal Counsel for IP and Litigation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: Globenewswire
- Legal Counsel Appointment: Scilex has appointed Kasowitz LLP and its founding partner Marc Kasowitz as the company's litigation and intellectual property counsel, aimed at strengthening its legal capabilities in complex commercial and patent litigation to better protect its proprietary pharmaceutical assets and development pipeline.
- Intellectual Property Strategy: Kasowitz LLP will advise Scilex on intellectual property enforcement and defense, licensing matters, and strategic governance, which will assist the company in maintaining its market position during the commercialization of non-opioid pain management products.
- Industry Expertise: Marc Kasowitz is a highly experienced U.S. trial lawyer with decades of experience in complex commercial litigation, including representation in intellectual property disputes involving innovative technologies and life sciences, providing robust legal support for Scilex.
- Long-term Strategic Value: A spokesperson for Scilex stated that protecting and enforcing the intellectual property portfolio is central to the company's long-term strategy and shareholder value, and the appointment of Kasowitz will further enhance its legal capabilities in commercializing products and advancing its late-stage pipeline.
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About SCLX
Scilex Holding Company is focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain. The Company’s commercial products include ZTlidoO (lidocaine topical system) 1.8% for the relief of neuropathic pain associated with postherpetic neuralgia (PHN); ELYXYB, a ready-to-use oral solution for the acute treatment of migraine, with or without aura, in adults; and GLOPERBA, the liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. In addition, it focuses on product candidates, including SP-102 (10 mg, dexamethasone sodium phosphate viscous gel) (SEMDEXAO), an epidural injections formulation to treat lumbosacral radicular pain, or sciatica; SP-103 (lidocaine topical system) 5.4%, a ZTlido formulation, for the treatment of acute pain; and SP-104 (4.5 mg, low-dose naltrexone hydrochloride delayed-release capsules) (SP-104) for fibromyalgia treatment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
