Jaguar Health Inc Stock Price, News & Analysis

Jaguar Health (NASDAQ:JAGX) has launched Canalevia™-CA1, the first FDA-approved treatment for chemotherapy-induced diarrhea (CID) in dogs. The FDA granted conditional approval on December 21, 2021, allowing Jaguar to commercialize the product while collecting further evidence of effectiveness. Canalevia-CA1 is expected to be available from various veterinary distributors in January 2022. The launch addresses the unmet need identified in surveys where over half of veterinarians reported CID as a significant issue impacting treatment compliance in dogs undergoing chemotherapy.

Jaguar Health announced that its product Canalevia-CA1, a canine formulation of crofelemer, has received conditional approval from the FDA for treating chemotherapy-induced diarrhea (CID) in dogs. This marks a significant advancement in mitigating the severe side effects of chemotherapy in canines. The FDA's recognition highlights the importance of extending quality of life during cancer treatments. Canalevia-CA1 is the first oral plant-based prescription specifically approved for this purpose and aims to support dog owners and veterinarians.

Jaguar Health (NASDAQ:JAGX) has received conditional approval from the FDA for Canalevia-CA1, the first oral plant-based treatment for chemotherapy-induced diarrhea (CID) in dogs. This product, derived from the Croton lechleri tree, addresses a significant need as CID affects many dogs undergoing cancer treatment. Approximately 1 in 4 dogs may develop cancer, with many experiencing CID as a side effect. Jaguar plans to reveal more commercialization details in January 2022, filling a critical gap in canine cancer care.

Jaguar Health (JAGX) announced that the European Commission has granted Orphan Drug Designation to crofelemer for treating short bowel syndrome (SBS). This milestone follows the application submitted by Napo EU, Jaguar's Italian subsidiary. SBS affects 10,000 to 20,000 individuals in the U.S. and Europe. The global SBS market was valued at over $568 million in 2019 and is projected to reach $4.6 billion by 2027. Napo EU plans to initiate a pivotal clinical trial aiming for accelerated marketing authorization in Europe for crofelemer, which has received similar designation in the U.S.

Jaguar Health has presented findings from the HALT-D trial, evaluating the efficacy of crofelemer for preventing chemotherapy-induced diarrhea (CID) in HER2-positive breast cancer patients. The study involved 51 patients treated with crofelemer or standard care. While the primary endpoint showed no statistical difference in diarrhea incidence, significant improvements were noted in several secondary endpoints, including lower CID occurrence in the crofelemer group (23%). These results provide proof-of-concept data and underscore the need for effective prophylactic treatments for CID during chemotherapy.

Jaguar Health (NASDAQ:JAGX) is set to host a closed satellite event on December 9, 2021, at the San Antonio Breast Cancer Symposium (SABCS) to discuss cancer therapy-related diarrhea. The event will feature oncologists and a presentation on the ongoing OnTarget Pivotal Phase 3 trial of crofelemer, aimed at preventing diarrhea in adult cancer patients receiving targeted therapies. Data from the HALT-D trial will also be presented, evaluating crofelemer for chemotherapy-induced diarrhea in HER2-positive breast cancer patients.

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.