Scilex Announces Voluntary $13.2M Early Payment On Oramed Note, Full Retirement Set For March 2025
Scilex Announces Voluntary $13.2M Early Payment On Oramed Note, Full Retirement Set For March 2025
Scilex Holding Company (NASDAQ:SCLX, "Scilex" or the "Company"))), an innovative revenue-generating company focused on acquiring, developing and commercializing the treatments for obesity, neurodegenerative, cardiometabolic disease (following formation of its proposed joint venture with IPMC Company), and non-opioid pain management products for acute and chronic pain, today announced that it has voluntarily made an early installment payment in the aggregate amount of $13.2 million under its senior secured promissory note (the "Oramed Note") issued to Oramed Pharmaceuticals Inc. (NASDAQ:ORMP, "Oramed"))) in September 2023. Subsequent to this early installment payment, the remaining principal balance under the Oramed Note will be payable in one final payment on March 21, 2025, and the Oramed Note will be retired in its entirety.
Scilex控股公司(納斯達克:SCLX,"Scilex"或"公司"),是一家創新的營收產生公司,專注於收購、開發和商業化肥胖、神經退行性、心臟代謝疾病(在與IPMC公司的擬議合資企業成立後)以及急性和慢性疼痛的非阿片類疼痛管理產品的治療。今天宣佈其已自願提前支付了1320萬美金的部分款項,支付對象爲2023年9月向Oramed製藥公司(納斯達克:ORMP,"Oramed")發行的高級擔保 promissory note("Oramed Note")。在這筆提前支付後,Oramed Note 的剩餘本金將在2025年3月21日支付一次性最終付款,Oramed Note 將被全部註銷。
譯文內容由第三人軟體翻譯。