other material
confidence high
sentiment positive
materiality 0.75
Jaguar Health Enters into U.S. License Agreement with Future Pak for Crofelemer, Providing up to $38 Million
Jaguar Health, Inc.
- Exclusive license to Future Pak for Mytesi (HIV/AIDS diarrhea) and Canalevia-CA1 (chemotherapy-induced diarrhea in dogs) in U.S.
- Jaguar receives $18M upfront ($16M at closing + $2M on conditions) and up to $20M in milestone/future payments.
- Jaguar retains manufacturing role; non-dilutive capital funds rare-disease pipeline (short bowel syndrome, MVID).
- Jaguar has buy-back option after 5 years or upon FDA approval of additional crofelemer indications.