Jaguar Health Inc Stock Price, News & Analysis

Jaguar Health (NASDAQ:JAGX) has announced progress on its Canalevia drug candidate, the first FDA-approved plant-based medicine for treating chemotherapy-induced diarrhea (CID) in dogs. With over 50,000 dogs experiencing CID annually, Canalevia aims to provide relief for these pets during cancer treatment. The company plans to submit applications for conditional approval by Q4 2021. Additionally, Jaguar is working on approval for exercise-induced diarrhea (EID) in working dogs. Canalevia is positioned to enhance the quality of life for dogs undergoing chemotherapy, benefiting pet owners and veterinary teams alike.

Jaguar Health, Inc. (NASDAQ:JAGX) announced the granting of nonstatutory stock options and restricted stock units (RSUs) to three new employees as inducement awards effective May 12, 2021. The stock options total 48,750 shares with an exercise price of $1.22, vesting over three years. The RSUs granted to one employee total 2,375 shares, also vesting over three years. These awards aim to incentivize new hires as part of the Company’s growth strategy, reflecting a commitment to attract talent in the pharmaceuticals sector.

Jaguar Health, Inc. (NASDAQ:JAGX) announced that its Annual Meeting of Stockholders, originally held on May 13, 2021, was adjourned due to a lack of quorum, with a reconvene scheduled for June 11, 2021, at 8:30 AM PST. Over 80% of votes cast favored Proposals 2, 3, 4, and 6. Proposal 3 aims to increase the authorized shares of Common Stock from 150 million to 290 million, providing flexibility for future business opportunities. Stockholders are encouraged to participate in the voting process as approximately 11% of eligible shares are still needed to reach quorum.

Jaguar Health (NASDAQ:JAGX) announced a webcast to discuss Q1 2021 financial results and business updates on May 17, 2021, at 8:30 AM ET. Interested participants can register using the provided link. Jaguar is focused on developing plant-based medicines for gastrointestinal issues, particularly chronic diarrhea. Its product, Mytesi (crofelemer), is FDA-approved for noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. The company emphasizes sustainable practices in harvesting its active ingredients.

Jaguar Health, Inc. (NASDAQ:JAGX) announced a registered direct offering of 7,647,000 shares, raising approximately $10.8 million. The offering price is set at $1.41 per share, with proceeds aimed at supporting its subsidiary Napo EU S.p.A. This includes potential capital expenditures, licenses, acquisitions, and growth opportunities. The company also terminated its at-the-market financing program effective April 26, 2021. Closing is expected around May 3, 2021, pending customary conditions satisfaction.

Jaguar Health (NASDAQ:JAGX) announced that an abstract on patient outcomes related to cancer therapy-related diarrhea was accepted for a poster presentation at the 2021 ASCO Annual Meeting, occurring virtually from June 4-8, 2021. The study, titled The impact of cancer-related diarrhea on changes in cancer therapy patterns: Real world evidence, highlights the significance of diarrhea in cancer treatment. Napo Pharmaceuticals, Jaguar's subsidiary, is conducting a pivotal Phase 3 clinical trial of crofelemer (Mytesi), aimed at preventing diarrhea in cancer patients.

Jaguar Health, Inc. (JAGX) has announced a webcast interview featuring CEO Lisa Conte and Dragon SPAC lead sponsor Josh Mailman on April 23, 2021, at 8:30 AM Eastern. The discussion will cover the business overview of Napo EU S.p.A., its wholly owned Italian subsidiary. The Company is seeking conditional marketing authorization from the European Medicines Agency for crofelemer to treat COVID-related diarrhea. Jaguar is focused on developing sustainable, plant-based pharmaceuticals for gastrointestinal distress.

Jaguar Health, Inc. (NASDAQ:JAGX) announced a webcast interview on April 23, 2021, at 8:30 AM Eastern, featuring CEO Lisa Conte, aimed at providing an overview of Napo EU S.p.A., its Italian subsidiary. The company has also launched a rebranded Napo EU website, showcasing a new logo and promising expanded content. Mytesi®, Jaguar's key product, is the only FDA-approved plant-based medication for noninfectious diarrhea in adults with HIV/AIDS. The company focuses on developing sustainable plant-based pharmaceuticals for gastrointestinal issues.

Jaguar Health (NASDAQ:JAGX) announced an upsizing of its at-the-market (ATM) financing program by $15.3 million on April 15, 2021. This increase aims to provide future funding, with the company stating it does not plan to issue shares immediately. The company is pursuing conditional marketing authorization for crofelemer for COVID-related diarrhea. Additionally, Jaguar is merging Napo EU with the Dragon SPAC, anticipated for mid-2021, which is expected to support clinical efforts related to diarrhea in cancer patients. An educational contest is also launching for HIV awareness.