Jaguar Health Licenses FDA-Approved Oral Mucositis Product For U.S. Market, Initiating Commercial Footprint In Its Core Focus Area Of Cancer Supportive Care; Planning To Begin Commercial Launch In Q3 2024 For Gelclair
Portfolio Pulse from Benzinga Newsdesk
Jaguar Health, Inc. (NASDAQ:JAGX) has entered into a 5-year exclusive in-license agreement with Venture Life Group PLC for the FDA-approved oral mucositis product, Gelclair, targeting the U.S. market. Gelclair, aimed at managing pain and providing relief for oral mucositis patients, marks Jaguar's expansion into cancer supportive care. The commercial launch is planned for Q3 2024. Oral mucositis is a common side effect of cancer treatments, affecting up to 40% of chemotherapy patients and 90% of those with head and neck cancers undergoing chemotherapy and radiotherapy.
April 16, 2024 | 12:35 pm
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Jaguar Health's licensing of Gelclair for oral mucositis in the U.S. market represents a strategic expansion into cancer supportive care, with a commercial launch planned for Q3 2024.
The licensing of Gelclair positions Jaguar Health in the growing market of cancer supportive care, addressing a significant unmet need in oral mucositis management. The strategic move to expand beyond HIV-related supportive care into cancer-related supportive care with an FDA-approved product that requires no clinical development costs could positively impact Jaguar's market position and financial performance in the short term. The focus on a common and debilitating side effect of cancer treatment could drive demand for Gelclair, potentially leading to increased revenue and market share for Jaguar Health.
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