Semnur Pharmaceuticals, Inc., a Wholly Owned Subsidiary of Scilex Holding Company, and Denali Capital Acquisition Corp. (Nasdaq: DECA) Enter into a Letter of Intent for a Proposed Business Combination".
Semnur Pharmaceuticals has initiated a Phase 3 study for the treatment of lumbar radicular pain, commonly known as sciatica and has been granted fast track designation by the FDA.