Shares of Jaguar Animal Health (NASDAQ: JAGX) are up more than 8% this morning, likely trending higher on news that Napo Pharmaceuticals, Inc. has launched a Mytesi® video that highlights the challenges of living with HIV-related diarrhea. Jaguar has licensed worldwide veterinary rights to Mytesi®, which is approved by the U.S. FDA for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. The video features commentary from people living with HIV/AIDS, describing the impact it has on their daily lives. “The active pharmaceutical ingredient in Mytesi®, crofelemer, is a first-in-class anti-secretory agent offering a natural solution and a novel, normalizing mechanism of action in both humans and animals,” Napo’s interim CEO and Jaguar’s president and CEO Lisa Conte stated in the news release.
To view the full press release, visit: http://nnw.fm/7OXq4
About Jaguar Animal Health, Inc.
Jaguar Animal Health, Inc. is an animal health company focused on developing and commercializing first-in-class gastrointestinal products for companion and production animals, foals, and high value horses. Canalevia™ is Jaguar’s lead prescription drug product candidate, intended for the treatment of various forms of diarrhea in dogs. Equilevia™ (formerly referred to as SB-300) is Jaguar’s prescription drug product candidate for the treatment of gastrointestinal ulcers in horses. Canalevia and Equilevia contain ingredients isolated and purified from the Croton lechleri tree, which is sustainably harvested. Neonorm™ Calf and Neonorm™ Foal are the company’s lead non-prescription products. Neonorm is a standardized botanical extract derived from the Croton lechleri tree. Canalevia and Neonorm are distinct products that act at the same last step in a physiological pathway generally present in mammals. Jaguar has nine active investigational new animal drug applications, or INADs, filed with the FDA and intends to develop species-specific formulations of Neonorm in six additional target species, formulations of Equilevia in horses, and Canalevia for cats and dogs. For more information about Jaguar, please visit www.jaguaranimalhealth.com.
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