Jaguar Health Inc Stock Price, News & Analysis

Jaguar Health announced the approval of a 1-for-75 reverse stock split effective January 23, 2023, to comply with Nasdaq listing standards. Following the split, shares will be traded on a split-adjusted basis under the stock symbol JAGX. The decision was supported by a majority vote at the Special Meeting of Stockholders held on January 20, 2023. Additionally, the company expects to complete enrollment for its pivotal Phase 3 OnTarget clinical trial by Q2 2023, focusing on crofelemer for cancer therapy-related diarrhea. This trial is part of Jaguar's growth strategy amidst two key late-stage clinical activities anticipated to drive value creation.

Jaguar Health (NASDAQ:JAGX) announced on January 20, 2023, that CEO Lisa Conte will present at the virtual Lytham Partners Investor Select Conference on January 31, 2023. The presentation begins at 9:00 a.m. Eastern Time and will be available for online viewing. Interested parties can access the webcast here, and it will also be archived for replay.

Management will hold virtual one-on-one meetings during the event, arranged through Lytham Partners. Jaguar Health focuses on developing plant-based prescription medicines for gastrointestinal issues.

Jaguar Health has announced the addition of Dr. Sandra M. Swain to its Scientific Advisory Board. Dr. Swain, an internationally recognized physician with over 30 years of experience, will enhance Jaguar's clinical development efforts aimed at addressing cancer therapy-related diarrhea (CTD). She is known for her role in the HALT-D trial, demonstrating the need for effective CTD management. This move is expected to bolster Jaguar's ongoing Phase 3 trial, OnTarget, focused on the prophylaxis of diarrhea in cancer patients.

Jaguar Health (NASDAQ:JAGX) provides updates on crofelemer's clinical investigation for pediatric short bowel syndrome (SBS) and congenital diarrheal disorders (CDD). Presented at the World Congress of Gastroenterology in December 2023, the findings are part of a series of upcoming presentations on rare pediatric gastrointestinal conditions. The European Medicines Agency granted Orphan Drug Designation for crofelemer for SBS and microvillus inclusion disease (MVID), supporting potential early access in Europe by late 2023 amidst a growing SBS market, projected to reach $4.6 billion by 2027.

Jaguar Health, Inc. (NASDAQ:JAGX) announced that its subsidiary Napo Pharmaceuticals sponsored an episode of The Gayly Dose podcast on World AIDS Day to raise awareness about HIV-related diarrhea. Over half of people living with HIV suffer from chronic diarrhea, negatively impacting their quality of life. The episode featured Jeremiah Robinson, an HIV Specialist, discussing Mytesi (crofelemer), the FDA-approved antidiarrheal treatment for HIV/AIDS patients. Mytesi is a plant-based drug that alleviates symptoms and supports overall well-being.

Jaguar Health reported approximately $3.1 million in prescription product net revenue for Q3 2022, marking an 8.2% increase from Q2 2022 and a substantial 412% rise from Q3 2021. The growth is attributed to the successful transition to a limited distribution network of specialty pharmacies, reducing distribution costs and enhancing net pricing. Noteworthy upcoming events include the completion of patient enrollment for a Phase 3 trial of crofelemer for cancer therapy-related diarrhea expected in Q2 2023. Jaguar also received Orphan Drug Designation for crofelemer in Europe for Microvillus Inclusion Disease.

Jaguar Health, Inc. (NASDAQ:JAGX) will host an investor webcast on November 14, 2022, at 8:30 AM ET to discuss its third-quarter financial results and corporate updates. Registration for participation is available via the provided link. The company specializes in developing plant-based prescription medications for gastrointestinal issues in humans and animals. Notably, its crofelemer drug candidate is undergoing a pivotal Phase 3 clinical trial aimed at cancer patients.

Jaguar Health (NASDAQ:JAGX) announced sponsorship of the dvm360 Live! episode on October 26, 2022, to promote Canalevia-CA1, the first FDA conditionally approved treatment for chemotherapy-induced diarrhea (CID) in dogs. The initiative aims to raise awareness and encourage veterinary clinics to contribute to the Take C.H.A.R.G.E. registry, tracking canine cancer data. This registry is the first of its kind in the U.S., providing essential insights for better diagnosis and treatment of canine cancer. Canalevia-CA1 offers a solution to a significant unmet need in veterinary oncology.

Jaguar Health, Inc. (NASDAQ:JAGX) announced the publication of the HALT-D trial results in the journal Breast Cancer Research and Treatment. The study evaluated crofelemer, a plant-based antidiarrheal, for preventing chemotherapy-induced diarrhea (CID) in HER2-positive breast cancer patients. CID affects up to 80% of these patients, leading to hospitalization in some cases. While crofelemer is currently in a Phase 3 trial for adult patients with solid tumors, the HALT-D trial results are significant for addressing CID, a debilitating side effect of cancer treatments.