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) delivers innovative plant-based therapeutics for gastrointestinal health across human and animal populations. This news hub provides investors and healthcare professionals with essential updates about the company’s clinical developments, regulatory milestones, and sustainable pharmaceutical innovations.
Access official press releases and verified news covering key areas including FDA approvals for Mytesi® (crofelemer), veterinary health product developments like Canalevia™, clinical trial progress, and strategic partnerships. Our curated collection ensures timely updates on JAGX’s advancements in non-opioid anti-secretory treatments and ecological sourcing practices.
Discover updates across multiple categories: new product launches, research collaborations, financial disclosures, intellectual property developments, and sustainability initiatives. Each update is vetted for accuracy, providing reliable insights into Jaguar Health’s progress in addressing chronic diarrhea conditions and neglected gastrointestinal disorders.
Bookmark this page for streamlined access to Jaguar Health’s latest developments. Check back regularly for updates on their unique approach to combining traditional botanical knowledge with modern pharmaceutical science through subsidiaries like Napo Pharmaceuticals.
Jaguar Health (NASDAQ:JAGX) and Napo Pharmaceuticals plan to develop crofelemer for treating inflammatory diarrhea in long-hauler COVID-19 patients in Europe. Preliminary discussions with Swiss Growth Forum involve a SPAC merger, offering Napo a cash license fee between $2M-$10M and at least $20M for European operations. Crofelemer, an FDA-approved medication for noninfectious diarrhea in HIV/AIDS patients, aims to address chronic gastrointestinal issues post-COVID. Jaguar emphasizes the significance of early diagnosis to improve long-term recovery outcomes.
Jaguar Health, Inc. (NASDAQ:JAGX) has released a podcast interview with CEO Lisa Conte via The Wall Street Resource. The company focuses on developing plant-based, non-opioid medications for gastrointestinal issues, particularly targeting chronic diarrhea. Their flagship product, Mytesi (crofelemer), is FDA-approved for treating non-infectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. The company emphasizes sustainable sourcing of ingredients, highlighting ecological integrity in harvesting practices.
Jaguar Health reported third quarter 2020 financial results, showing significant growth in Mytesi product revenue totaling approximately $2.8 million, a 280% increase from $1.0 million in the same quarter of 2019. Gross sales reached approximately $6.3 million, up 332% year-over-year. Despite increased sales, the company recorded a net loss of $7.9 million, compared to $7.6 million in Q3 2019. Operating expenses rose to $8.1 million, influenced by higher general and administrative costs, including a $2.5 million trial delay fee.
Jaguar Health, Inc. (NASDAQ:JAGX) is set to file its Q3 2020 10-Q report on November 16, 2020. Management will host a conference call at 8:30 a.m. ET to discuss the financial results and provide business updates. Investors can join via dial-in numbers, with a replay option also available. The company is focused on developing plant-based pharmaceuticals to address GI distress, particularly chronic diarrhea. Notably, its product Mytesi® is FDA-approved for treating diarrhea in adults with HIV/AIDS.
Jaguar Health, Inc. (NASDAQ:JAGX) announced that it received an extension from the Nasdaq Hearings Panel until December 23, 2020, to comply with the minimum bid price requirement for continued listing. The company must maintain a bid price of at least $1.00 per share for ten consecutive business days. Jaguar's recent efforts include expanded access programs for Mytesi and a $6 million royalty-based capital infusion. Additionally, Napo Pharmaceuticals initiated a pivotal Phase 3 trial for Mytesi in adult cancer patients experiencing diarrhea.
Jaguar Health (NASDAQ:JAGX) is hosting its inaugural "Diarrhea Dialogues" virtual event on October 20, 2020, from 3:00 PM to 4:30 PM ET, focused on supportive care for cancer patients experiencing diarrhea from cancer therapies. Key experts, including Jaguar's leadership and oncologists, will discuss the impact of diarrhea on cancer treatment and the importance of patient-physician dialogue. Jaguar's subsidiary, Napo Pharmaceuticals, has initiated a pivotal Phase 3 trial for crofelemer (Mytesi) in preventing cancer therapy-related diarrhea, currently approved for HIV/AIDS-related diarrhea relief.
Jaguar Health, Inc. (NASDAQ:JAGX) granted nonstatutory stock options for 45,000 shares to a new employee effective October 13, 2020. The options, at an exercise price of $0.315 per share, are part of the Company's Inducement Award Plan and aim to incentivize new hires. The options vest 25% after nine months and monthly thereafter over the next 27 months, contingent on continued employment. Jaguar Health specializes in plant-based gastrointestinal products, with its MYTESI product approved by the U.S. FDA for treating noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy.
Napo Pharmaceuticals, a subsidiary of Jaguar Health (NASDAQ:JAGX), unveiled the iAssist platform as part of its NapoCares patient support program. This web-based system automates the prescription process for Mytesi (crofelemer), an FDA-approved, plant-based treatment for diarrhea in HIV/AIDS patients. The platform enhances patient access by simplifying e-prescribing, prior authorizations, and eligibility checks, thereby promoting quicker treatment initiation. AssistRx developed iAssist, which also aids in tracking patient status and managing communications among healthcare providers, patients, and payers.
Jaguar Health has appointed Melissa Yeager, J.D. as Senior Vice President of Regulatory Affairs & Quality Assurance. With extensive experience in the pharmaceutical industry, Yeager's leadership is expected to enhance the regulatory and quality functions at Jaguar and its subsidiary, Napo Pharmaceuticals. This move supports the ongoing commercialization of Mytesi and the pivotal Phase 3 clinical trial for diarrhea prophylaxis in adult cancer patients. Mytesi, a plant-based, FDA-approved antidiarrheal, assists patients with HIV/AIDS on antiretroviral therapy.
Jaguar Health, Inc. (NASDAQ:JAGX) has successfully closed the first $6 million tranche of a non-dilutive royalty financing transaction, potentially totaling $17 million, to support ongoing clinical trials for Mytesi (crofelemer). This financing will aid in developing treatments for cancer therapy-related diarrhea. Additionally, Jaguar has amended its agreement with Oasis Capital, allowing for $2,117,875.20 in accounts receivable purchases. The company aims to achieve financial sustainability in 2021 and has seen a 378% increase in Mytesi's Q2 2020 sales compared to Q1.
