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Tag: JAGX Stock Price

  • Jaguar Health (JAGX) Stock Regains Ground In After-Hour Session

    Jaguar Health (JAGX) Stock Regains Ground In After-Hour Session

    After-hours trading on Wednesday saw a big recovery in Jaguar Health, Inc. (NASDAQ: JAGX) shares, which rose 8.33% to $3.01. The shares ended the trading day at $2.78, somewhat offsetting the company’s previous 14.06% regular-session drop. The recovery followed a virtual presentation at the Emerging Growth Conference by Lisa Conte, the founder and CEO of Jaguar Health, outlining the company’s recent accomplishments and future objectives.

    Advancing Canalevia-CA1 in Veterinary Medicine

    Recently, a field research was started by Jaguar Health’s Jaguar Animal Health subsidiary for Canalevia-CA1, an FDA-conditionally authorized medicine for canine chemotherapy-induced diarrhea (CID). This prospective, randomized, open-label clinical research, which involves dogs receiving chemotherapy across the United States, has seen the establishment of the company’s first study site. The research compares the results of the treatment and control groups in order to gather empirical data in favor of complete FDA clearance.

    Enhanced Indications and Strategic Objectives

    Securing complete FDA clearance for the CID indication and expanding its usage to treat general, non-infectious diarrhea in dogs are the two primary goals Jaguar Health is pursuing with Canalevia-CA1 (crofelemer delayed-release tablets). Discussions are underway with potential partners to support the development and global commercialization of crofelemer for this broader indication.

    This strategic expansion reflects the company’s recognition of a significant unmet need in veterinary medicine. Jaguar Health estimates approximately six million annual cases of acute and chronic canine diarrhea are seen by U.S. veterinarians, marking a considerable market opportunity.

    Regulatory Progress and Development Focus

    Jaguar Health has opened a new Investigational New Animal Drug (INAD) filing with the FDA’s Center for Veterinary Medicine to investigate the possibility of using crofelemer to treat dogs’ general, non-infectious diarrhea in order to assist these efforts. As a major driver of its continuous business growth activities, the firm has determined that establishing a strategic alliance for this program is a top goal for 2025.

  • Jaguar Health (JAGX) Stock Rebounds After Announcing Cancer Care Expansion

    Jaguar Health (JAGX) Stock Rebounds After Announcing Cancer Care Expansion

    Last Friday during the after-market session, there was a noticeable increase in the shares of Jaguar Health, Inc. (NASDAQ: JAGX) following the announcement of a noteworthy commercial endeavor. After a normal session fall of -9.75% that left the shares at $4.63, the stock had a comeback of 6.914% after hours, finishing at $4.95.

    Increasing Business Activity

    Jaguar Health (JAGX) shared intention to expand its commercial operations in its main area of expertise, cancer supportive care. Part of that plan, JAGX will present at the American Society of Clinical Oncology (ASCO) Annual Meeting, which runs from May 31 to June 4. During the event, JAGX-division Napo Pharmaceuticals will have Gelclair on display at a booth. Jaguar Health recently obtained the in-license to sell Gelclair, a prescription drug authorized by the FDA for treating oral mucositis. The commercial launch of Gelclair is scheduled to commence in the third quarter of 2024 by Jaguar Health.

    Addressing Cancer Patients Issues

    JAGX’s Gelclair is a barrier-forming protective gel that coats the oral mucosa to assist control and lessen pain. It is used to treat sores in the mouth brought on by a number of illnesses, including oral mucositis and stomatitis. Gelclair does not hurt or function as a numbing agent like other treatments.

    Oral mucositis has a substantial financial impact; extra expenses for each patient with head and neck cancer surpass $17,000. With its handy, user-friendly, and clinically proven approach, Gelclair delivers patients quick and durable pain relief that enhances their ability to swallow, eat, drink, speak, and sleep.  It also reduces the necessity for parenteral feeding and opiate analgesics.

    Expanding Focus On Cancer Supportive Care

    At the ASCO Annual Meeting, Jaguar Health will promote awareness among oncologists about Gelclair and the company’s growing commitment to cancer supportive care. This commitment is further underscored by Jaguar Health’s five-year dedication to studying the prevention of cancer therapy-related diarrhea through the phase 3 OnTarget trial. This trial focuses on over 24 targeted cancer agents that have an incidence of more than 50% diarrhea, with top-line results expected soon.

  • Here is what you need to know about rising Jaguar Health, Inc. (JAGX) stock in Pre-Market today

    Here is what you need to know about rising Jaguar Health, Inc. (JAGX) stock in Pre-Market today

    Shares of the Jaguar Health, Inc. (JAGX) stock continued the rising trend in the pre-market trading session today on July 20, 2021. The momentum was created after the announcement of the closing of a financing of Dragon SPAC byDragon SPAC S.p.A. and Napo EU S.p.A, the Italian subsidiary of Napo Pharmaceuticals, which is a wholly-owned subsidiary of JAGX stock. Jaguar stock price saw a push of 8.28% to reach $1.57 a share at the time of this writing. The stock went high by 10.69% at the previous closing. Let’s take a closer look at recent events.

    Dragon SPAC Financing:

    The gross proceeds for the Dragon SPAC financing were totaled approximately 8,830,000 euros. This financing is the result of previously announced $10.8 million funding by the Jaguar stock into Dragon SPAC. The funds obtained from the recently registered direct offering were used in this financing. The net proceeds resulting from the private placement will be used to finance Dragon SPAC’s merger with Napo EU. Furthermore, the net proceeds would also help in financing the combined activities after the merging of Napo EU and Dragon SPAC. The merger is expected to be completed within the next three months.

    How Jaguar Health will help Napo EU:

    The Napo EU is dedicated to expanding its plant-based medicines in Europe in order to fulfill the gastrointestinal medical needs of the consumers. The JAGX stock will help Napo EU by providing the exclusive Napo license for the development and commercializing of Crofelemer in the European market.

    Completion of Phase 2 HALT-D study:

    On July 14, 2021, JAGX stock did announce the completion of the Phase 2 HALT-D study which was initiated by the third-party investigator. The study was related to the evaluation of the effectiveness of Mytesi®, a Crofelemer, against HER2-positive breast cancer patients in order to analyze the symptomatic relief in diarrhea. The Georgetown University sponsored the investigator and Genentech which is a member of Roche Group, did funding.

    JAGX annual shareholders’ meeting:

    Due to the lack of quorum, the annual shareholders’ meeting of JAGX had been adjourned for the third time and now will be held on August 6, 2021, at the San Francisco office. The record of the eligible JAGX stockholders for the annual meeting is April 12, 2021.

    Wrap Up:

    So far so good for JAGX stock as far as market sentiment is concerned. Crofelemer’s first-in-class mechanism would prove to be beneficial for the people and would make an impact in the future. Hence JAGX stock can be a good bet for investors in the long run.

  • Is JAGX Stock Up Premarket For A Reason?

    During pre-market trading on Tuesday, Jaguar Health Inc. (JAGX) climbed 2.55% to $1.61. The Jaguar Health stock finished the last trading session down -4.85% at $1.57. The price range for JAGX stock was between $1.55 and $1.65. During the past 100 days, JAGX stock traded 3.33 million shares daily but the volume of 11.44 million shares traded in the last session was much higher than that. In the past five days, JAGX shares have gained 3.29%, but have lost -17.80% over a month. We can use recent developments to provide a deeper understanding of the company as JAGX stock rose despite no current news.

    What is the latest from JAGX?

    As a commercial stage pharmaceuticals company, Jaguar Health aims to develop plant-based, non-opiod, and sustainably-derived prescription medications that are safe and effective for people and animals with GI distress, especially chronic, debilitating diarrhea. JAGX’s wholly-owned subsidiary, Napo Pharmaceuticals, Inc., is focused on the development and commercialization of plants harvested from rainforest areas for use in gastrointestinal pharmaceuticals.

    As the only oral plant-based prescription medicine approved under FDA Botanical Guidance, the Mytesi product developed by JAGX provides symptomatic relief of noninfectious diarrhea associated with HIV/AIDS in adults on antiretroviral therapy. The Napo EU S.p.A. subsidiary of Napo Pharmaceuticals aims to expand access to crofelemer in Europe.

    For the third time, Jaguar Health’s annual shareholders’ meeting on May 13 has been adjourned due to a lack of quorum.

    • Hence, the adjourned meeting of JAGX will now be held on August 6, 2021.
    • JAGX will hold its annual meeting at its San Francisco office.
    • The record date used to determine which JAGX stockholders will be eligible for the Annual Meeting was April 12, 2021.
    • The proposals have been generally well received by JAGX stockholders.
    • A JAGX stockholder who does not intend to revoke or change his or her previously delivered proxy is not required to take any action.
    • During the annual meeting, JAGX encouraged its eligible stockholders who still have not voted their shares / provided voting instructions to their broker / other record holder to do so.
    • The company counted on their participation as to reach quorum, JAGX still needs to receive votes from 2.9% of its eligible common stockholders.

    How can JAGX shareholders vote?

    There are several voting options available to Jaguar Health (JAGX) shareholders. Shareholders of JAGX can vote by internet at http://www.voteproxy.com or by phoning 800-776-9437 24 hours a day or submitting a proxy card properly executed. The street name holders of JAGX stock have the option of voting via their broker. In the process of preparing the proposals for stockholders to vote on at the Annual Meeting, JAGX has not made any changes.