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FDA Feedback Supports Extension Phase for Jaguar Health's Clinical Trial of Crofelemer for Treatment of Microvillus Inclusion Disease (MVID)

(Positive)

Jaguar Health (NASDAQ:JAGX) said FDA feedback supports a protocol amendment to permit a single-blind extension of Napo's crofelemer trial in pediatric microvillus inclusion disease (MVID). The extension aims to assess longer-term clinical benefit by reducing parenteral support (PS), with dose selection by an independent DMC.

Approximately 30% of patients have completed the double-blind phase; sites include the US, Italy and UAE. Company highlighted potential for a Breakthrough Therapy designation to enable expedited pathways.

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Positive

  • FDA supported amendment enabling single-blind extension
  • Approximately 30% of patients completed double-blind phase
  • Trial active at sites in US, Italy, UAE
  • Extension aims to reduce parenteral support (PS)

Negative

  • MVID has an extremely low incidence and prevalence
  • No approved therapies exist; patients require lifelong PS

News Market Reaction – JAGX

-8.04%
11 alerts
-8.04% Session close to close
-22.5% Trough in 24 hr 11 min
$2.01M Market Cap
0.7x Rel. Volume

In the Mar 18 session, JAGX declined 8.04%, reflecting a notable negative market reaction. Argus tracked a trough of -22.5% from its starting point during tracking. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -8.0% in the session following this news. A negative reaction despite encouraging FD...
Analysis

The stock moved -8.0% in the session following this news. A negative reaction despite encouraging FDA feedback would fit Jaguar’s pattern of volatile responses to clinical milestones, where similar news averaged a -1.66% move. Pressure from capital-structure changes, an effective S-3 shelf, and recent proxy proposals to increase authorized shares and enable reverse splits could have amplified downside, even as the MVID program progressed clinically.

Key Figures

Patients completed double-blind phase: 30%
1 metrics
Patients completed double-blind phase 30% Proportion of MVID trial participants completing double-blind treatment

Previous Clinical trial Reports

5 past events · Latest: Nov 20 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Nov 20 Protocol amendment Positive -8.2% Amended MVID trial protocol submitted to FDA for potential expedited approval.
Sep 24 Orphan designation move Positive +7.0% Filed orphan drug designation application for crofelemer in cancer therapy-related diarrhea.
May 20 Phase 2 enrollment Positive +1.4% First patient randomized in Phase 2 crofelemer trial for pediatric MVID.
Dec 18 Phase 2 initiation Positive -8.5% Phase 2 study initiated for crofelemer in MVID with orphan designations in place.
Oct 08 CTD study abstract Neutral +0.0% Submitted late-breaking abstract analyzing diarrhea from cancer therapies in Phase 3 trial.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Clinical-trial and regulatory updates for crofelemer have produced mixed reactions, with both double-digit gains and selloffs, and an average move of -1.66% around similar announcements.

Recent Company History

Over the past year, Jaguar has steadily advanced crofelemer in rare-disease settings. Key clinical milestones include Phase 2 initiation for MVID on Dec 18, 2024, first patient randomization on May 20, 2025, and an amended protocol submitted to the FDA on Nov 20, 2025 to support expedited pathways. Additional regulatory efforts include an orphan drug designation application for cancer therapy-related diarrhea. Today’s FDA-supported extension phase for the MVID trial fits this pattern of seeking accelerated approval routes in ultrarare indications.

Key Terms

parenteral support, total parenteral nutrition, data monitoring committee, institutional review boards, +1 more
5 terms
parenteral support medical
"MVID has a lethal natural history requiring life-sustaining parenteral support (PS), which includes..."
Parenteral support is medical care that delivers nutrition, fluids or medications directly into a patient’s bloodstream or body tissues, bypassing the digestive system—think of it as feeding or hydrating someone through an IV rather than by mouth. Investors care because this service involves specialized products, durable revenue from long-term patient use, strict safety and reimbursement rules, and potential regulatory or supply risks that affect company earnings and growth.
total parenteral nutrition medical
"...parenteral support (PS), which includes total parenteral nutrition (TPN), which is associated..."
Total parenteral nutrition is a medical treatment that supplies all needed calories, fluids, vitamins and minerals directly into a patient’s bloodstream through an IV, bypassing the digestive tract — like a complete meal delivered by a drip. It matters to investors because TPN relies on specialized ingredients, preparation and delivery services with steady hospital and home-care demand, significant regulation and reimbursement exposure, and potential for durable revenue or risk from supply-chain or clinical issues.
data monitoring committee medical
"The dose selection for the single-blind extension phase will be determined by the study's independent Data Monitoring Committee (DMC)..."
A data monitoring committee is a group of experts responsible for reviewing and overseeing important information during a project or study to ensure everything is proceeding safely and correctly. For investors, it provides an extra layer of oversight, helping to identify potential issues early and ensuring that decisions are based on accurate, unbiased data. This helps maintain trust and safety throughout the process.
institutional review boards regulatory
"...and the Institutional Review Boards (IRBs) for each site."
A board of independent experts who review and approve medical or human-subject research to protect participants’ safety, rights and welfare; they check study plans, consent forms and safety measures before trials begin and while they run. For investors, an IRB’s approval or concerns can affect how quickly a study starts, whether results are accepted by regulators and the reputational or regulatory risk to a company—like a safety inspection that can speed up or delay a product launch.
breakthrough therapy designation regulatory
"...may also support the possibility for a Breakthrough Therapy designation from the FDA in the coming months..."
A breakthrough therapy designation is a regulatory fast-track given to a drug or treatment that shows early signs of providing a major improvement over existing options for a serious condition. Think of it as a VIP lane that can speed up development and more intensive guidance from regulators, which matters to investors because it can shorten time to market, reduce development risk and potentially increase a company’s value — though it does not guarantee approval.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MVID has a lethal natural history requiring life-sustaining parenteral support (PS), which includes total parenteral nutrition (TPN), which is associated with significant toxicities; PS reduction could potentially reduce co-morbidities and improve clinical benefit, as no approved therapies exist for MVID

Jaguar launches news alert text service for investors - click here to sign up for text alerts

SAN FRANCISCO, CA / ACCESS Newswire / March 18, 2026 / Jaguar Health, Inc.(NASDAQ:JAGX) (Jaguar) family company Napo Pharmaceuticals (Napo) today announced that, based on the U.S. Food and Drug Administration (FDA) support for Napo's protocol amendment for its clinical trial to evaluate the safety and efficacy of its novel crofelemer powder-for-oral-solution formulation in pediatric patients with intestinal failure due to MVID, an ultrarare pediatric disorder, Napo plans to initiate a single-blind extension phase for the trial. The extended treatment period has the potential to improve clinical benefit of crofelemer through reduction of parenteral support (PS) requirements, which may result in disease progression-modification of MVID.

"We are pleased to have the opportunity to continue treatment with crofelemer powder for oral solution in our ongoing clinical trial of crofelemer in pediatric MVID patients," said Pravin Chaturvedi, PhD, Jaguar's Chief Scientific Officer and Chair of the Jaguar and Napo Scientific Advisory Board. "This would allow patients who have completed their double-blind treatment period to be eligible for the single-blind phase of continued treatment with crofelemer for further assessment of clinical benefit through reduction of PS for a longer period. PS reduction could potentially reduce co-morbidities associated with the disease and TPN; thus improving clinical benefit and modifying the disease progression to help address the lethal natural history of MVID."

The dose selection for the single-blind extension phase will be determined by the study's independent Data Monitoring Committee (DMC), which will ensure that the study clinicians and Napo personnel will remain blinded. Currently, approximately 30% of the participating MVID patients have completed the study's double-blind treatment phase and the clinical investigators are supporting the patients' participation in the single-blind extended phase.

This trial of crofelemer in MVID patients has clinical sites in the US, Italy and the UAE, and the consent from the FDA, the European Medicines Agency (EMA), The Ministry of Health and Prevention (MOHAP), and the Institutional Review Boards (IRBs) for each site.

"Our development plan for this ultrarare disease, with an expected improved clinical benefit from the longer treatment in the extension phase, may also support the possibility for a Breakthrough Therapy designation from the FDA in the coming months, potentially supporting opportunities for expedited regulatory submission pathways to the FDA for new drug approval for this ultrarare pediatric disorder," said Lisa Conte, Jaguar's founder, president, and CEO. "The extremely low incidence and prevalence of MVID, its lethal natural history and the fact that no therapies are available for MVID other than lifelong PS, underscores the need for new therapies. Together with the support of MVID clinical key opinion leaders (KOLs), we are exploring expedited regulatory pathways for crofelemer."

About the Jaguar Health Family of Companies

Jaguar Health, Inc. (Jaguar) is a commercial stage pharmaceuticals company focused on developing novel proprietary prescription medicines sustainably derived from plants from rainforest areas for people and animals with gastrointestinal distress. Jaguar family companies Napo Pharmaceuticals (Napo) and Napo Therapeutics S.p.A. focus on the development and commercialization of novel crofelemer powder for oral solution for the treatment of rare and orphan gastrointestinal disorders with intestinal failure, including MVID and short bowel syndrome.

For more information about:

Jaguar Health, visit https://jaguar.health

Napo Pharmaceuticals, visit www.napopharma.com

Napo Therapeutics, visit napotherapeutics.com

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements." These include statements regarding Jaguar's expectation that Napo will initiate a single-blind extension phase for its MVID trial, the expectation that PS reduction could potentially reduce co-morbidities associated with MVID and TPN, thus improving clinical benefit and modifying the disease progression to help address the lethal natural history of MVID, and Jaguar's expectation that its development plan for MVID may support the possibility for a Breakthrough Therapy designation from the FDA in the coming months, potentially supporting opportunities for expedited regulatory submission pathways to the FDA for new drug approval. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "aim," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this release are only predictions. Jaguar has based these forward-looking statements largely on its current expectations and projections about future events. These forward-looking statements speak only as of the date of this release and are subject to several risks, uncertainties, and assumptions, some of which cannot be predicted or quantified and some of which are beyond Jaguar's control. Except as required by applicable law, Jaguar does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.

Contact:

hello@jaguar.health
Jaguar-JAGX

SOURCE: Jaguar Health, Inc.



View the original press release on ACCESS Newswire

FAQ

What did Jaguar Health (JAGX) announce on March 18, 2026 about crofelemer in MVID?

Jaguar announced FDA support for a protocol amendment to start a single-blind extension phase. According to Jaguar, the extension will allow longer treatment to assess PS reduction and potential disease-modifying benefit in pediatric MVID patients.

How will the single-blind extension affect parenteral support (PS) for JAGX's crofelemer trial?

The extension aims to evaluate longer-term reductions in parenteral support (PS) among participants. According to Jaguar, reduced PS could lower TPN-related co-morbidities and improve clinical benefit and disease progression metrics for MVID.

Who will determine the dose for the single-blind extension in Jaguar's (JAGX) trial?

An independent Data Monitoring Committee (DMC) will determine the extension-phase dose to maintain blinding. According to Jaguar, the DMC ensures study clinicians and company personnel remain blinded while selecting the dose.

How many patients have completed the double-blind phase of the JAGX/Napo MVID trial?

About 30% of participating MVID patients have completed the double-blind treatment period. According to Jaguar, those patients are being supported by investigators to enter the single-blind extended treatment phase.

Where are the clinical sites for Jaguar Health's (JAGX) crofelemer MVID trial located?

The trial has clinical sites in the US, Italy and the UAE. According to Jaguar, all sites have received necessary consent from regulators and institutional review boards to support the study.

Could Jaguar's (JAGX) crofelemer development for MVID get Breakthrough Therapy designation?

Jaguar said the longer extension phase may support consideration for Breakthrough Therapy designation by the FDA. According to Jaguar, such a designation could enable expedited regulatory submission pathways if granted.