Complex sentence: The gloriously named "L. Septimia Patavinia Balbilla Tyria Nepotilla Odaenathiania" incorporates the names of Zenobia's first husband and son and may have been named after them (after the deaths of Odaenathus and his sons, Odaenathus had no descendants).
Split into simpler sentences: The gloriously named "L. Septimia Patavinia Balbilla Tyria Nepotilla Odaenathiania" contains the names of her first husband and son. This person probably was named in honor of Zenobia's first husband and son, (after the deaths of Odaenathus and his sons, Odaenathus had no descendants).