Jaguar Health, Inc. - JAGX STOCK NEWS

Jaguar Health, Inc. (NASDAQ:JAGX) announced topline results from the Phase 2 HALT-D trial for crofelemer in preventing chemotherapy-induced diarrhea (CID) in HER2-positive breast cancer patients. The trial, involving 51 patients, saw an overall incidence of diarrhea around 70%, showing no significant difference between crofelemer and control groups. However, secondary endpoints indicated crofelemer led to a lower incidence of grade 2 or higher diarrhea compared to standard care. These results support further testing and endpoint selection for the ongoing Phase 3 OnTarget trial.

Jaguar Health reported a 7.6% increase in Mytesi prescription volume in Q3 2021, with net sales around $0.6 million. Despite a decrease in gross revenue to $3.2 million, the company is transitioning to a closed specialty pharmacy network to improve patient access. Upcoming milestones include the presentation of Phase 2 HALT-D study results and the launch of Canalevia-CA1 for dogs. The company reported a net loss of $12.2 million for Q3 2021, a significant increase from $7.9 million in Q3 2020.

Jaguar Health, Inc. (NASDAQ:JAGX) has appointed Massimo Mineo as General Manager of its Italian subsidiary, Napo EU. With over 20 years of pharmaceutical experience, Mineo will spearhead strategies for the marketing authorization of crofelemer, targeting short bowel syndrome with intestinal failure, a rare disease. His prior roles included leading commercial operations at Recordati Rare Diseases, where he successfully launched orphan drugs. The appointment is expected to strengthen Napo EU's market presence in Europe, enhancing access to crofelemer for patients in need.

Jaguar Health (NASDAQ:JAGX) announced a rescheduled investor webcast for reviewing Q3 2021 financials on November 17, 2021, at 8:30 AM ET. The change is due to additional time required for finalizing accounting aspects of the recent merger with Dragon SPAC S.p.A. and Napo EU S.p.A.

Jaguar focuses on developing plant-based medicines for GI distress, particularly targeting chronic diarrhea. Its product Mytesi is FDA-approved for relieving noninfectious diarrhea in HIV/AIDS patients on antiretroviral therapy.

Jaguar Health (NASDAQ:JAGX) will host a webcast on November 15, 2021, at 8:30 AM ET to discuss its Q3 2021 financials and provide business updates. Registration is available here. The company focuses on developing plant-based, non-opioid medications for gastrointestinal issues, including its approved product Mytesi (crofelemer), which treats noninfectious diarrhea in adults with HIV/AIDS. For further details, visit jaguar.health.

Jaguar Health, Inc. (NASDAQ:JAGX) announced the appointment of Annabella Amatulli as chief regulatory officer for its Italian subsidiary, Napo EU S.p.A. Amatulli is recognized for her expertise in global regulatory affairs, having previously worked at Dompé and Janssen Pharmaceuticals. She will focus on strategic planning for Napo EU's development programs, particularly for crofelemer, aimed at addressing unmet gastrointestinal medical needs in Europe. The company aims to expedite the drug’s marketing authorization for short bowel syndrome with intestinal failure.

Jaguar Health (NASDAQ:JAGX) has filed a New Animal Drug Application (NADA) to obtain conditional FDA approval for Canalevia^™-CA1, an oral, plant-based drug for treating chemotherapy-induced diarrhea (CID) in dogs. The application has been deemed complete, and commercialization is expected by late December 2021. With approximately 6 million new cancer diagnoses in dogs annually, this product addresses a significant need, as there are currently no FDA-approved treatments for CID in dogs. Additionally, Jaguar plans to seek approval for exercise-induced diarrhea (EID) treatment in 2022.

Jaguar Health announced the completion of its merger with Dragon SPAC, officially forming Napo EU S.p.A.

The merger received necessary governmental approvals, as confirmed by CEO Lisa Conte. The new entity will focus on expanding the market for Mytesi (crofelemer) in Europe, a plant-based treatment for noninfectious diarrhea, especially among patients with HIV/AIDS.

This merger aims to bolster Jaguar's presence in the European market, enhancing access to its innovative gastrointestinal pharmaceuticals.

Jaguar Health, Inc. (NASDAQ:JAGX) announced the grant of nonstatutory stock options and restricted stock units (RSUs) to two new employees, effective October 25, 2021. New Employee 1 received options for 2,666 shares and 1,333 RSUs, while New Employee 2 received options for 1,583 shares and 791 RSUs, all with an exercise price of $2.02 per share. The options vest over three years, and the RSUs vest equally over the same period. These grants were approved by the Board's Compensation Committee as an incentive for the new hires.