Scilex Appoints Kasowitz LLP as Legal Counsel
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2026
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Should l Buy SCLX?
Scilex Holding Company has appointed Kasowitz LLP and its founding partner Marc Kasowitz as the Company's litigation and intellectual property counsel. Kasowitz LLP will advise Scilex on complex commercial litigation, patent litigation, intellectual property enforcement and defense, licensing matters, and strategic intellectual property governance as the Company continues to advance and protect its proprietary pharmaceutical assets and development 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.
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- Support for Technological Innovation: This investment will enable Quantum Scan to develop advanced diagnostic platforms and scalable healthcare solutions, improving accessibility and efficiency in healthcare delivery, thereby addressing the growing market demand and enhancing patient care experiences.
- Synergistic Effects: Scilex believes this investment complements its substantial investment in Datavault AI, further solidifying its strategic positioning in the non-opioid pain management sector and driving overall business growth.
- Leadership Confidence: Quantum Scan CEO Mustaq Patel stated that Scilex's investment will accelerate their innovation in medical technologies, reflecting confidence in their team and vision, indicating potential for long-term value creation within the healthcare ecosystem.
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- 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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- Legal Counsel Appointment: Scilex has appointed Kasowitz LLP and its founding partner Marc Kasowitz as the company's litigation and intellectual property counsel, aiming to enhance its legal capabilities in complex commercial and patent litigation, thereby better protecting 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, ensuring the company effectively safeguards its intellectual property 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, having handled high-stakes intellectual property disputes in federal and state courts, which will provide Scilex with robust legal support to stand out in a competitive market.
- Long-term Strategy: 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 strengthen its legal capabilities to advance product commercialization and late-stage pipeline development.
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- Partner Appreciation: The distribution also includes shareholders of Scilex Holding Company as a token of gratitude for their significant stake and partnership, further solidifying the business relationship between the two companies.
- Digital Wallet Requirement: Eligible shareholders must open a digital wallet with Datavault AI and execute an Opt-In Agreement to receive the Meme Coin, which will drive user engagement with digital assets and enhance the company's digital ecosystem.
- Trading Platform Launch: The Meme Coin will be tradeable on Datavault AI's Information Data Exchange starting January 11, 2026, marking a significant expansion into the digital asset marketplace and enhancing liquidity for holders.
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- Distribution Date Set: Datavault AI has announced December 24, 2025, as the distribution date for the Dream Bowl 2026 Meme Coin to all eligible shareholders, aiming to enhance shareholder relations and elevate brand value.
- Partner Recognition: The distribution also includes shareholders of Scilex Holding Company, indicating Datavault AI's appreciation for its significant stockholder and partnership, further solidifying their business relationship.
- Digital Wallet Requirement: All eligible shareholders must open a digital wallet with Datavault AI and execute an Opt-In Agreement to receive the Meme Coin, which will drive the company's digital transformation and user engagement.
- Trading Platform Launch: The Meme Coin will be tradeable on Datavault AI's Information Data Exchange, expected to commence on January 11, 2026, marking the company's further expansion into the digital asset market.
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