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scPharmaceuticals (SCPH)

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Earnings summaries and quarterly performance for scPharmaceuticals.

Recent press releases and 8-K filings for SCPH.

Scilex Holding Company Licenses AI Technology for Biotech Exchange
SCPH
New Projects/Investments
  • Scilex Holding Company has secured a worldwide exclusive license from Datavault AI for its AI-driven technology to create and operate a Biotech Exchange platform.
  • This platform is intended to enable the secure tokenization, trading, and monetization of biotech assets, including genomic, DNA data, diagnostic, therapeutic products, genetic, and drug information.
  • The licensing agreement includes a non-refundable upfront license fee totaling $10 million, payable in four equal installments of $2.5 million through September 2026.
  • Datavault AI is also eligible for sales milestone payments of up to an aggregate of $2.55 billion upon the achievement of certain sales milestones.
  • Scilex believes there is an opportunity to tokenize approximately $2.0 trillion in pharmaceutical drug and diagnostic sales through this platform.
Nov 4, 2025, 11:00 AM
scPharmaceuticals Inc. Acquired by MannKind Corporation
SCPH
M&A
Delisting/Listing Issues
Board Change
  • scPharmaceuticals Inc. (SCPH) was acquired by MannKind Corporation on October 7, 2025, becoming a direct wholly owned subsidiary.
  • Shareholders received $5.35 in cash and one non-tradable contingent value right (CVR) per share, with CVRs potentially yielding up to an additional $1.00.
  • Following the acquisition, SCPH shares were delisted from The Nasdaq Global Select Market, and trading was halted on October 7, 2025.
  • The company's Board of Directors resigned, and a new management team was appointed, including Michael E. Castagna as President and Chief Executive Officer, and Chris Prentiss as Chief Financial Officer of the surviving corporation.
  • Key agreements, including the Credit Agreement and Guaranty and the Revenue Participation Right Purchase and Sale Agreement, were terminated in connection with the merger.
Oct 7, 2025, 1:18 PM
scPharmaceuticals Acquisition by MannKind Completed
SCPH
M&A
Revenue Acceleration/Inflection
Delisting/Listing Issues
  • MannKind Corporation completed the acquisition of scPharmaceuticals Inc. on October 7, 2025, making scPharmaceuticals a wholly owned subsidiary.
  • The acquisition is expected to diversify and accelerate MannKind’s double-digit revenue growth, driven by the innovative therapy FUROSCIX®.
  • The transaction was valued at $5.35 per share in cash plus one non-tradable contingent value right (CVR) per share for up to an aggregate of $1.00 per CVR in cash, totaling up to $6.35 per share.
  • As of October 7, 2025, scPharmaceuticals' common stock ceased trading and was delisted from Nasdaq.
Oct 7, 2025, 1:02 PM
scPharmaceuticals Investigated by Halper Sadeh LLC Regarding Sale to MannKind Corporation
SCPH
M&A
Legal Proceedings
Takeover Bid
  • Halper Sadeh LLC is investigating scPharmaceuticals Inc. (NASDAQ: SCPH) for potential violations of federal securities laws and/or breaches of fiduciary duties to shareholders.
  • The investigation relates to scPharmaceuticals Inc.'s proposed sale to MannKind Corporation.
  • Under the terms of the proposed transaction, scPharmaceuticals shareholders would receive a cash payment of $5.35 per share plus one non-tradable contingent value right (CVR) per share, with the CVR potentially worth up to an additional $1.00 in cash.
Sep 16, 2025, 3:40 PM
scPharmaceuticals Discusses FUROSCIX Performance, Medicare Redesign, and Upcoming CKD Launch
SCPH
Product Launch
Guidance Update
Revenue Acceleration/Inflection
  • scPharmaceuticals' FUROSCIX is performing well, with 75% of usage pre-hospitalization and strong patient/physician feedback, while the Class IV patient segment grew to over 10% of patients in Q4 and is expected to reach 25% over time.
  • The Medicare redesign (IRA) is anticipated to be a significant growth driver, reducing patient out-of-pocket maximums from $4,000 to $2,000, which is expected to increase fill rates despite an estimated 10-20% rise in Gross-to-Net (GTN) from 18% in 2024.
  • The company is preparing for a Chronic Kidney Disease (CKD) indication launch, with a decision expected on March 6, 2025, and a full launch planned for mid-April, which is projected to contribute 35-40% of peak sales from nephrology.
  • Development of the SCP-111 auto-injector is on track for a mid-2025 sNDA submission, promising a 70% reduction in COGS and enhanced patient convenience with a two-and-a-half-second administration.
Mar 5, 2025, 4:10 PM
scPharmaceuticals Reports Strong 2024 FUROSCIX Revenue and Anticipates Key Regulatory Approvals in 2025
SCPH
Product Launch
Guidance Update
Revenue Acceleration/Inflection
  • scPharmaceuticals (SCPH) reported FUROSCIX net revenue of $12.3 million for Q4 2024 and $36.2 million for the full year 2024, maintaining a strong financial position with $75.5 million at the end of 2024.
  • The company anticipates FDA approval for a chronic kidney disease (CKD) indication on March 6, 2025, which is expected to add 700,000 patients and an additional $3 billion addressable market.
  • Key growth initiatives include the August 2024 expanded label for Class IV heart failure, a 40% sales force expansion in late October 2024, and the planned mid-2025 submission of an auto-injector which is projected to reduce costs by 70-75% and extend IP to 2040.
  • FUROSCIX's value proposition highlights its cost of $4,700 compared to a $15,000 hospitalization, with continued growth expected from Medicare redesign reducing patient out-of-pocket costs in 2025.
Feb 12, 2025, 7:40 PM
scPharmaceuticals Highlights Furoscix Performance and Future Growth Drivers
SCPH
Product Launch
Revenue Acceleration/Inflection
Guidance Update
  • scPharmaceuticals (SCPH) reported unaudited net revenue of approximately $12.3 million for Q4 2024 and $36.2 million for the full year 2024 for its product Furoscix. The company maintained a strong financial position with approximately $75.5 million at the end of 2024.
  • Significant growth initiatives for 2025 include an anticipated FDA approval for chronic kidney disease (CKD) on March 6th , which is expected to add 700,000 patients and a $3 billion additional addressable market.
  • The company plans to submit an auto-injector for Furoscix later in 2025, which is projected to reduce costs by 70-75% and extend intellectual property to 2040.
  • Other growth drivers include an expanded label for Class IV heart failure approved in August 2024 , a 40% increase in the sales force in late October 2024 , and Medicare redesign in 2025 that reduces patient out-of-pocket costs by approximately 40%.
Feb 12, 2025, 7:40 PM

Quarterly earnings call transcripts for scPharmaceuticals.