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Jun 30, 2024
Jaguar Health Q2 2024 Earnings Report
Reported consolidated financial results for the second quarter of 2024 and provided company updates.
Key Takeaways
Jaguar Health reported a combined net revenue of $2.72 million for Q2 2024, representing a 16% increase over Q1 2024 and a 2.0% increase compared to Q2 2023.
Combined net revenue for Q2 2024 was approximately $2.72 million, a 16% increase from Q1 2024 and a 2.0% increase from Q2 2023.
The company is completing analysis of data from the pivotal phase 3 OnTarget trial for crofelemer in cancer therapy-related diarrhea.
Jaguar plans to begin the commercial launch of Gelclair® in October 2024.
An import permit for crofelemer has been granted for a proof-of-concept trial in Abu Dhabi for pediatric patients with microvillus inclusion disease and short bowel syndrome.
Forward Guidance
Jaguar Health is focused on the commercial launch of Gelclair®, progressing its rare disease development business, and analyzing data from the OnTarget trial.
Positive Outlook
- Planned October 2024 commercial launch of Gelclair® in the U.S.
- Progressing rare disease development business.
- Ongoing analysis of full data for the pivotal phase 3 OnTarget trial of crofelemer for prophylaxis of cancer therapy-related diarrhea (CTD).
- Collaborating with clinical and scientific advisers to evaluate the significance of the clinically meaningful results identified in patients with breast and lung cancer in the initial data from OnTarget.
- Planning to engage in discussions with the FDA to explore the possible pathway of approval to make crofelemer available to breast and lung cancer patients for CTD.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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