Napo Pharmaceuticals, a Jaguar Health Company, Submits Investigational New Drug Application To FDA For Microvillus Inclusion Disease
Portfolio Pulse from Happy Mohamed
Napo Pharmaceuticals, a subsidiary of Jaguar Health, Inc. (NASDAQ:JAGX), has submitted an Investigational New Drug (IND) application to the FDA for a new formulation of crofelemer powder for oral solution for the treatment of microvillus inclusion disease (MVID). The disease is a life-threatening and ultra-rare autosomal recessive disease that affects newborns and children. Crofelemer has been granted Orphan Drug Designation (ODD) by the FDA and the European Medicines Agency (EMA) for MVID and short bowel syndrome (SBS).

June 28, 2023 | 12:39 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The submission of the IND application by Napo Pharmaceuticals, a Jaguar Health company, could potentially lead to a new revenue stream if the drug is approved. The Orphan Drug Designation could provide incentives for the development of the drug.
The submission of the IND application is a positive development for Jaguar Health as it could potentially lead to a new revenue stream if the drug is approved. The Orphan Drug Designation by the FDA and EMA could provide incentives for the development of the drug, which could further benefit the company.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100