Phase 2 Study Initiated to Evaluate Jaguar Health's Crofelemer for Microvillus Inclusion Disease (MVID), an Ultrarare Congenital Diarrheal Disorder
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Jaguar Health has initiated a Phase 2 study to evaluate its drug Crofelemer for treating Microvillus Inclusion Disease (MVID), a rare congenital diarrheal disorder. The drug has received Orphan-Drug Designation from the FDA and EMA.
December 18, 2024 | 3:15 pm
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Jaguar Health has initiated a Phase 2 study for Crofelemer, targeting the rare disease MVID. The drug has Orphan-Drug Designation, which could enhance its market potential.
The initiation of a Phase 2 study for Crofelemer in treating MVID is a significant development for Jaguar Health. The Orphan-Drug Designation by the FDA and EMA suggests potential market exclusivity and incentives, which could positively impact the stock price. The study's focus on a rare disease with limited treatment options further enhances the drug's market potential.
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