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) news covers a commercial-stage pharmaceuticals company focused on plant-based prescription medicines for gastrointestinal distress in humans and animals. The company’s updates frequently highlight progress across its crofelemer programs, regulatory interactions, and partnerships.
Investors following JAGX news can expect coverage of developments related to Mytesi, Napo Pharmaceuticals’ FDA-approved crofelemer product for noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy, as well as Jaguar’s broader intestinal failure program targeting rare disorders such as short bowel syndrome with intestinal failure (SBS-IF) and microvillus inclusion disease (MVID). News items often describe clinical trial milestones, proof-of-concept data on reductions in parenteral support, and discussions with regulators about potential expedited approval pathways for ultrarare pediatric indications.
On the animal health side, Jaguar news includes information about Canalevia-CA1, the company’s conditionally approved crofelemer-based prescription drug for chemotherapy-induced diarrhea in dogs, along with regulatory grants, conditional approval renewals, and studies designed to support full approval. Updates may also address efforts to obtain guidance from the European Medicines Agency for Canalevia in general diarrhea in dogs.
Corporate and capital markets announcements are another key component of JAGX news. These can include securities purchase agreements, royalty interest amendments, PIPE financings, preferred stock exchanges, and at-the-market offering amendments, as disclosed in Form 8-K filings. Conference presentations, investor summit appearances, and summaries of stockholder meeting results also appear in the company’s news flow.
For investors and observers, the Jaguar Health news page provides a centralized view of clinical, regulatory, commercial, and financing developments that shape the company’s strategy in plant-based gastrointestinal therapeutics for both human and veterinary medicine.
Jaguar Health reported a strong Q2 2022 performance with $2.9 million in prescription product net revenue, a 12% increase quarter-over-quarter and a remarkable 641% rise year-over-year. The growth is attributed to a transition to a limited distribution network, reducing costs and enhancing Mytesi's gross-to-net ratio. Key initiatives include the ongoing OnTarget Phase 3 clinical trial for crofelemer and expected results from an investigator-initiated study for short bowel syndrome soon. Canalevia-CA1 for dogs also launched, showing promises in the veterinary market.
Jaguar Health (NASDAQ:JAGX) received a 180-day grace period from Nasdaq to regain compliance with the $1.00 bid price requirement, extending the deadline to February 13, 2023. To maintain its listing, Jaguar must achieve a closing bid price of at least $1.00 for ten consecutive business days. The company is focusing on two pivotal clinical activities in the next 6 to 12 months: a proof-of-concept study for crofelemer targeting short bowel syndrome and a Phase 3 trial for cancer therapy-related diarrhea, with expectations of significant value creation.
Jaguar Health, Inc. (NASDAQ:JAGX) will host an investor webcast on August 22, 2022, at 8:30 AM Eastern Time to present its second-quarter 2022 financial results and corporate updates. The company plans to file its Earnings Report on Form 10-Q for the quarter ended June 30, 2022. Jaguar Health focuses on developing plant-based, non-opioid medications for gastrointestinal distress in both humans and animals. For more details and to register for the webcast, visit this link.
Jaguar Health has appointed Dr. Anula Jayasuriya to its Board of Directors as of July 1, 2022. With extensive experience in healthcare and investment, her expertise is expected to enhance Jaguar's efforts in gastrointestinal medicine development. The company also established a Business Development Advisory Committee, chaired by Rachel Zolot Schwartz, to explore partnerships and acquisitions. These strategic moves aim to strengthen Jaguar's market position and drive growth for its plant-based products, particularly crofelemer.
Jaguar Health (NASDAQ:JAGX) granted 60,000 restricted stock units (RSUs) to New Employee 1 and 12,500 RSUs to New Employee 2 as an inducement for their employment effective June 27, 2022. The RSUs for New Employee 1 will vest fully after one year, while those for New Employee 2 will vest equally over three years. This initiative was approved by the Compensation Committee and is contingent on the employees' continued service with Jaguar. The company focuses on developing sustainable, plant-based medicines for gastrointestinal distress.
Jaguar Health has signed an exclusive license and service agreement with SynWorld Technologies to market Canalevia for treating diarrhea in dogs in China. The agreement includes $5 million in license fees and $5 million in stock purchases over two years. Jaguar is set to receive 60% of profits from sales, increasing to 80% if they cover regulatory costs. The Chinese pet market is projected to reach $70.5 billion by 2023. This agreement aligns with Jaguar's goals for expanding Canalevia's availability and supporting its human pipeline development.
Jaguar Health (NASDAQ:JAGX) announced the online availability of a presentation by Dr. Mohamad Miqdady on Short Bowel Syndrome (SBS) from the Elite Ped-GI Congress in Abu Dhabi, held from May 19-21, 2022. The presentation emphasizes the severe impacts of SBS and congenital diarrheal disorders (CDD), for which current treatment options are limited. The company’s subsidiary, Napo Therapeutics, received orphan-drug designations in the EU and the US for crofelemer, offering hope for patients. The congress aims to update healthcare professionals on pediatric gastroenterology.
Jaguar Health (NASDAQ:JAGX) announced its participation in the ACVIM Forum from June 23-25, 2022, in Austin, TX, to promote Canalevia-CA1, its FDA-conditionally approved treatment for chemotherapy-induced diarrhea in dogs. This product is crucial as many veterinarians report CID impacts chemotherapy plans, highlighting an unmet need. Canalevia-CA1 is derived from the Croton lechleri tree and offers a novel treatment option for affected dogs. The product is available through major veterinary distributors, supporting its commercial launch.
Jaguar Health (NASDAQ:JAGX) announced the publication of an article on June 8, 2022, highlighting the critical need for managing diarrhea in cancer patients, which can affect 50% to 100% of patients undergoing treatment. The article underscores that uncontrolled diarrhea can lead to significant health issues and impact patient quality of life. Jaguar's crofelemer product is in a pivotal Phase 3 trial for preventing diarrhea in adults, while its Canalevia-CA1 for dogs has conditional FDA approval. The company emphasizes the urgency of addressing this side effect for improved treatment outcomes.
Jaguar Health, Inc. (NASDAQ:JAGX) announced the approval of all four proposals at its 2022 Annual Meeting of Stockholders held on June 10, 2022. The details of the proposals are available in the definitive proxy statement filed with the SEC. Jaguar focuses on developing plant-based, non-opioid medicines for gastrointestinal issues, including Mytesi®, which is specifically for noninfectious diarrhea in HIV/AIDS patients. The company aims to expand access to its products in Europe through its subsidiary Napo Therapeutics.