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Jaguar Health Files $75M Mixed Securities Shelf
Jaguar Health files $75M mixed securities shelf
Jaguar Health Continues Providing Oral Crofelemer Powder for Pediatric Patient
Jaguar Health announced that Jaguar family company Napo Pharmaceuticals has been continuing to provide the company's novel crofelemer powder for oral solution for several weeks for the treatment of intestinal failure in an infant patient with GUCY2C mutation resulting in congenital sodium diarrhea. Liquid oral crofelemer therapy is well tolerated by this patient and has demonstrated reduced needs for daily and weekly parenteral support with no significant clinical or laboratory abnormalities. CSD due to mutation of the GUCY2C gene is the third IF-related congenital enteropathy being evaluated under expanded access, in addition to pediatric microvillus inclusion disease and short bowel syndrome, for which crofelemer has demonstrated benefit in reducing weekly parenteral support needs normalized to body weight. The company plans to file a New Drug Application for crofelemer for MVID in mid-2027 to obtain FDA approval based on data that will include results from an ongoing pivotal trial which has completed enrollment. Patients with IF, including those with short bowel syndrome or MVID, cannot orally absorb adequate nutrients, electrolytes and fluids, and require lifelong total parenteral nutrition with or without supplemental intravenous fluids, which together comprise parenteral support, for up to seven days per week and up to 20+ hours per day. While PS is supportive and lifesaving, it is associated with serious, sometimes fatal complications. Pediatric CSD patients with GUCY2C mutation have a significant challenge for managing nutritional and electrolyte deficiencies, given the higher impact on growth and developmental needs. This pediatric patient with IF due to CSD requires significant daily PS, and liquid oral crofelemer therapy has reduced their daily PS needs by approximately 15% within the first several weeks, consistent with what was observed in pediatric IF patients with MVID and SBS.
Jaguar Health Announces Special Stock Dividend Payment Date
Jaguar Health provided an update in connection with the company's previously announced special stock dividend, which is payable on October 15 to holders of Jaguar common stock and certain outstanding warrants as of record on October 13, to announce that Nasdaq has indicated that the ex-dividend date for the special stock dividend is October 16. The special stock dividend consists of the company's Series R Convertible Preferred Stock. Nasdaq has advised the company that its shares of common stock will trade with "due bills" representing an assignment of the right to receive the dividend from the record date of October 13 until the ex-dividend date. Stockholders who sell their shares of common stock during the dividend right period will be selling their right to the special stock dividend. "Jaguar is issuing the Special Stock Dividend to reward and recognize our passionate and supportive stockholders and provide protection against potential dilution as we continue evaluation of strategic alternatives," said Lisa Conte, Jaguar's founder, president, and CEO.
Napo Pharmaceuticals Reports Positive Preliminary Results for Crofelemer
Jaguar Health family company Napo Pharmaceuticals provided a recap of the positive preliminary results presented on October 13, 2026 at the American College of Gastroenterology Annual Scientific Meeting, ACG 2026, for the ongoing open-label pilot study of the company's crofelemer powder for oral solution in adult patients with Type 1 short bowel syndrome with intestinal failure. The abstract presented at ACG 2026, titled The Use of Crofelemer in Reducing Ostomy Output in Patients With Type 1 Short Bowel Syndrome: An Open Label Pilot Study. This study is ongoing and plans to enroll 6 subjects. The primary endpoint is reduction of ostomy volume. Four participants have completed the protocol. Two subjects had decreased OV at 12 weeks of treatment by an average of 5%, and three subjects had increased ostomy output following the cessation of crofelemer by an average of 23%. One subject had decreased PS volume by 9% at 12 weeks of treatment. Three subjects had improved urinary output at 12 weeks by an average of 88% which was sustained at 4-weeks post cessation of oral crofelemer therapy. No significant adverse events were observed in any subjects, and crofelemer is well tolerated.
Jaguar Health Declares Special Stock Dividend
Jaguar Health on Friday night announced that its board of directors has declared a special stock dividend to holders of Jaguar common stock and certain outstanding warrants as of record on October 13. The special stock dividend will consist of the company's Series R Convertible Preferred Stock. Only persons who own shares of the company's voting common stock, or certain warrants to purchase common stock with dividend rights, at the close of business on October 13, will be entitled to receive shares of the Preferred Stock. Each share of Preferred Stock will convert into five shares of common stock on November 2. "Jaguar is issuing the Special Stock Dividend to reward and recognize our passionate and supportive stockholders and provide protection against potential dilution as we continue evaluation of strategic alternatives," said Lisa Conte, Jaguar's founder, president, and CEO. "We remain sharply focused on our ongoing global development program for oral crofelemer as adjunctive therapy to parenteral support for rare intestinal failure diseases, including microvillus inclusion disease and short bowel syndrome with intestinal failure for crofelemer powder for oral solution. Jaguar's intestinal failure program is expected to continue to provide clinical milestones, including a planned New Drug Application filing for crofelemer for MVID in mid-2027," the company added.
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