Scilex Enters Exclusive License Agreement with Datavault AI

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2025.11.04 18:47
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Scilex Holding Company (SCLX) has entered an exclusive License Agreement with Datavault AI Inc. on November 3, 2025, allowing Scilex to use Datavault’s AI technology in biotech and biopharma. The agreement includes a $10 million non-refundable fee and potential milestone payments of up to $2.55 billion. This strategic move aims to create a Biotech Exchange platform and tokenize pharmaceutical sales. Analysts rate SCLX stock as a Buy with a $770.00 price target. Scilex focuses on non-opioid pain management products and has a market cap of $135.5M.