Welcome to our dedicated page for Jaguar Health news (Ticker: JAGX), a resource for investors and traders seeking the latest updates and insights on Jaguar Health stock.
Jaguar Health, Inc. (NASDAQ: JAGX) is a commercial-stage pharmaceuticals company specializing in the development of novel prescription medicines sustainably derived from natural plant sources in rainforest areas. The company's primary focus is on addressing gastrointestinal (GI) distress in both humans and animals, with an emphasis on chronic debilitating diarrhea and associated symptoms such as urgency, bowel incontinence, and cramping pain.
Jaguar Health operates through several subsidiaries, including Napo Pharmaceuticals, Inc., which develops and commercializes proprietary human GI pharmaceuticals globally. One of its flagship products, Mytesi® (crofelemer), is FDA-approved for symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. The company’s lead animal prescription drug candidate, Canalevia™, targets forms of diarrhea in dogs, while Equilevia™ supports total gut health in equine athletes.
In addition, Jaguar Health, through its Napo Pharmaceuticals subsidiary, is advancing the development of crofelemer with the ongoing OnTarget study, a pivotal Phase 3 clinical trial aimed at the preventive treatment of chemotherapy-induced overactive bowel (CIOB) in adults with cancer on targeted therapy. Crofelemer has also been designated an Orphan Drug by the FDA and European Medicines Agency for short bowel syndrome (SBS) and microvillus inclusion disease (MVID).
Jaguar Health’s commitment to cancer supportive care is showcased through its preparation to launch Gelclair®, an FDA-approved oral mucositis prescription product, in Q3 2024. This initiative is part of their broader strategy to support cancer patients facing severe treatment side effects.
Beyond GI distress, Jaguar Health has a joint venture called Magdalena Biosciences, in collaboration with Filament Health Corp. This venture focuses on developing plant-based prescription medicines for mental health indications. A recent out-licensing agreement with Magdalena includes a botanical drug candidate for potential schizophrenia and psychoses indications.
Jaguar Health’s financial performance reflects consistent growth, with Q1 2024 revenue at approximately $2.4 million, showing a 20% increase from Q1 2023. Despite operational losses, the company continues to invest in research and development, particularly for rare disease treatments.
For more information, visit Jaguar Health, Napo Pharmaceuticals, Napo Therapeutics, and Magdalena Biosciences. Stay connected with Jaguar Health on LinkedIn, X (formerly Twitter), and Instagram.
Jaguar Health (NASDAQ:JAGX) has announced its strategic focus on rare disease treatments through its subsidiary, Napo Therapeutics. The company intends to submit an Investigational New Drug (IND) application for crofelemer targeting microvillus inclusion disease (MVID) in the first half of 2023, following previous orphan drug designations for both MVID and short bowel syndrome (SBS). Jaguar anticipates significant developments for its NP-300 drug for cholera treatment, including pursuing a Tropical Disease Priority Review Voucher. The firm is optimistic about upcoming clinical trials and their potential impact on shareholder value.
Jaguar Health (NASDAQ:JAGX) announced a significant milestone in the development of crofelemer, an active pharmaceutical ingredient (API) now approved for manufacturing by Indena S.P.A. This completion allows for increased production capabilities as Jaguar seeks FDA approval for new indications, specifically for cancer therapy-related diarrhea. Patient enrollment for the pivotal Phase 3 OnTarget clinical trial is expected to conclude in Q2 2023. This achievement is positioned to meet the anticipated surge in demand for crofelemer, highlighting the collaboration between Jaguar and Indena, a leader in plant-based pharmaceuticals.
Jaguar Health, Inc. (NASDAQ:JAGX) has established the board of directors for its newly formed joint venture, Magdalena Biosciences, Inc., created with Filament Health Corp. (NEO:FH, OTCQB:FLHLF). The joint venture aims to develop natural prescription medicines targeting mental health issues, including ADHD in adults. Dr. Karen Brunke has been appointed as the acting CEO of Magdalena. Board members include Jaguar's CEO Lisa Conte and Filament's CEO Benjamin Lightburn, both bringing extensive experience in biotechnology and pharmaceuticals. This initiative intends to leverage plant-derived therapies for mental health, aligning with Jaguar's mission.
Jaguar Health announced the approval of a 1-for-75 reverse stock split effective January 23, 2023, to comply with Nasdaq listing standards. Following the split, shares will be traded on a split-adjusted basis under the stock symbol JAGX. The decision was supported by a majority vote at the Special Meeting of Stockholders held on January 20, 2023. Additionally, the company expects to complete enrollment for its pivotal Phase 3 OnTarget clinical trial by Q2 2023, focusing on crofelemer for cancer therapy-related diarrhea. This trial is part of Jaguar's growth strategy amidst two key late-stage clinical activities anticipated to drive value creation.
Jaguar Health (NASDAQ:JAGX) announced on January 20, 2023, that CEO Lisa Conte will present at the virtual Lytham Partners Investor Select Conference on January 31, 2023. The presentation begins at 9:00 a.m. Eastern Time and will be available for online viewing. Interested parties can access the webcast here, and it will also be archived for replay.
Management will hold virtual one-on-one meetings during the event, arranged through Lytham Partners. Jaguar Health focuses on developing plant-based prescription medicines for gastrointestinal issues.
Jaguar Health has announced the addition of Dr. Sandra M. Swain to its Scientific Advisory Board. Dr. Swain, an internationally recognized physician with over 30 years of experience, will enhance Jaguar's clinical development efforts aimed at addressing cancer therapy-related diarrhea (CTD). She is known for her role in the HALT-D trial, demonstrating the need for effective CTD management. This move is expected to bolster Jaguar's ongoing Phase 3 trial, OnTarget, focused on the prophylaxis of diarrhea in cancer patients.
Jaguar Health (NASDAQ:JAGX) provides updates on crofelemer's clinical investigation for pediatric short bowel syndrome (SBS) and congenital diarrheal disorders (CDD). Presented at the World Congress of Gastroenterology in December 2023, the findings are part of a series of upcoming presentations on rare pediatric gastrointestinal conditions. The European Medicines Agency granted Orphan Drug Designation for crofelemer for SBS and microvillus inclusion disease (MVID), supporting potential early access in Europe by late 2023 amidst a growing SBS market, projected to reach $4.6 billion by 2027.
Jaguar Health, Inc. (NASDAQ:JAGX) announced that its subsidiary Napo Pharmaceuticals sponsored an episode of The Gayly Dose podcast on World AIDS Day to raise awareness about HIV-related diarrhea. Over half of people living with HIV suffer from chronic diarrhea, negatively impacting their quality of life. The episode featured Jeremiah Robinson, an HIV Specialist, discussing Mytesi (crofelemer), the FDA-approved antidiarrheal treatment for HIV/AIDS patients. Mytesi is a plant-based drug that alleviates symptoms and supports overall well-being.
Jaguar Health reported approximately $3.1 million in prescription product net revenue for Q3 2022, marking an 8.2% increase from Q2 2022 and a substantial 412% rise from Q3 2021. The growth is attributed to the successful transition to a limited distribution network of specialty pharmacies, reducing distribution costs and enhancing net pricing. Noteworthy upcoming events include the completion of patient enrollment for a Phase 3 trial of crofelemer for cancer therapy-related diarrhea expected in Q2 2023. Jaguar also received Orphan Drug Designation for crofelemer in Europe for Microvillus Inclusion Disease.
Jaguar Health, Inc. (NASDAQ:JAGX) will host an investor webcast on November 14, 2022, at 8:30 AM ET to discuss its third-quarter financial results and corporate updates. Registration for participation is available via the provided link. The company specializes in developing plant-based prescription medications for gastrointestinal issues in humans and animals. Notably, its crofelemer drug candidate is undergoing a pivotal Phase 3 clinical trial aimed at cancer patients.
FAQ
What is the current stock price of Jaguar Health (JAGX)?
What is the market cap of Jaguar Health (JAGX)?
What is Jaguar Health, Inc.?
What are the main products of Jaguar Health?
What is Mytesi® used for?
What is the OnTarget study?
What recent achievements has Jaguar Health made?
What is the focus of Magdalena Biosciences?
What are the financial highlights for Jaguar Health in Q1 2024?
What sustainability practices does Jaguar Health follow?
How can I stay updated on Jaguar Health's developments?
What is Gelclair® and its use?
