Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Shares of Jaguar Health jump on news federal government will help develop its cholera drug lechlemer

Proactive Investors Tuesday, 11 June 2019
Shares of Jaguar Health Inc (NASDAQ:JAQX) rose by double-digits Tuesday after announcing that its subsidiary will receive preclinical services from the federal government to support the development of drug candidate lechlemer to treat cholera. Jaguar's wholly-owned human-health subsidiary, Napo Pharmaceutical Inc, produces lechlemer. Contractors funded by the National Institute of Allergy and Infectious Diseases will conduct toxicology testing for seven-day rat and dog studies. NIAID is part of the National Institutes of Health. The San Francisco-based company’s stock was up 96% to $14.67 a share. READ: Jaguar Health shares slide in premarket on profit-taking after tripling on supply deal Lechlemer is a drug candidate under the botanical guidance of the US Food and Drug Administration. It is a standardized and proprietary botanical extract that is distinct from mytesi, Napo’s FDA-approved drug. Lechlemer is derived from the same source as mytesi: the Croton lechleri tree. Cholera is an acute diarrheal illness that kills more 100,000 people each year around the world. “We are grateful for NIAID's support to conduct these preclinical animal studies of lechlemer," said Jaguar CEO Lisa Conte. "We believe lechlemer, which has the same mechanism of action as crofelemer and is significantly less costly to produce, may support efforts to receive a priority review voucher from the FDA for a cholera indication.” Contact the author: [email protected] Follow him on Twitter @PatrickMGraham
0
shares
ShareTweetSavePostSend
 
Credit: FOX 47 News Michigan - Published < > Embed
News video: Health Headlines - 6/7/19

Health Headlines - 6/7/19 02:34

In today's health headlines we talk about teaching kids how to survive drowning situations. We also talk about the medical bills and financial hardships of cancer patients.

Recent related videos from verified sources

Judge To Rule On Bail In Epstein Case [Video]Judge To Rule On Bail In Epstein Case

On Thursday, a U.S. judge is expected to decide whether American financier Jeffrey Epstein will be granted bail. Epstein is in jail waiting trial on charges of sex trafficking dozens of underage girls...

Credit: Wochit News     Duration: 00:32Published

Breastfeeding Woman Asked To Cover Up On KLM Plane [Video]Breastfeeding Woman Asked To Cover Up On KLM Plane

Last month, a woman named Shelby Angel took a Royal Dutch Airlines (KLM) plane with her 1-year-old daughter. They were traveling from from San Francisco to Amsterdam. When she started breastfeeding her..

Credit: Wochit News     Duration: 00:55Published

Ebola Outbreak in DRC Declared 'Public Health Emergency of International Concern' [Video]Ebola Outbreak in DRC Declared 'Public Health Emergency of International Concern'

The World Health Organization on July 17 declared the Ebola outbreak in the Democratic Republic of the Congo a public health emergency of international concern. It also said that delays in funding had..

Credit: Rumble     Duration: 00:57Published

Texas Woman Accidentally Breaks 'Celebratory Bell' After Finishing Cancer Treatment [Video]Texas Woman Accidentally Breaks 'Celebratory Bell' After Finishing Cancer Treatment

A Texas woman was so excited to finish her last round of radiation for breast cancer that she rang the clinic’s “celebration bell” until it broke, video from July 15 shows. This video shows Darla..

Credit: Rumble     Duration: 00:37Published


Recent related news from verified sources

Global Health Insurance Exchange Market Is USD 2.59 Billion in 2018 | Top Companies are Accenture PLC, CGI Group, Inc., Connecture Inc., Cognosante, LLC, Deloitte, Hcentive, Inc., Infosys, Maximus, Oracle Corporation

PUNE, India, July 09, 2019 (GLOBE NEWSWIRE) -- Global Health Insurance Exchange Industry valued approximately USD 2.59 billion in 2018 is forecasted to grow with...
GlobeNewswire

Jaguar Health Strengthens Company's Balance Sheet by Reducing Approximately $10.5 Million of Debt Incurred to Effect 2017 Merger to Approximately $4.4 Million

Jaguar Health Strengthens Company's Balance Sheet by Reducing Approximately $10.5 Million of Debt Incurred to Effect 2017 Merger to Approximately $4.4 Million
*Maturity Date of Remaining Merger-related Debt is December 31, 2020* *SAN FRANCISCO, CA / ACCESSWIRE / July 15, 2019 /* Jaguar Health, Inc. (NASDAQ: JAGX)...
Accesswire

Kinnevik agrees to purchase Livongo shares

*Kinnevik AB (publ) ("Kinnevik") today announced that it has agreed to purchase shares of Livongo Health, Inc. ("Livongo") from Merck Global Health Innovation...
GlobeNewswire Also reported by •Business Wire

A-TEK, Inc. Hires Ted Schmitt to Lead Its Federal Government Health IT Practice

A-TEK, Inc. Hires Ted Schmitt to Lead Its Federal Government Health IT Practice
MCLEAN, Va.--(BUSINESS WIRE)--A-TEK, Inc., an information technology and scientific services and solutions company, announced today that Edward “Ted” Schmitt...
Business Wire

You Might Like


Other recent news in Business

MasterChef judge George Calombaris fined for underpaying staff $8.1 MILLIONeBay invests $150 million in PAYTM MALL
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.