Jaguar Animal Health Priced, Nasdaq: JAGX

Developing an animal formulation of its parent's approved diarrhea treatment.

Industry: Health Care

Latest Trade: $0.93 0.00 (0.0%)

First Day Return: -3.1%

Return from IPO: -86.7%

Industry: Health Care

We are an animal health company focused on developing and commercializing first-in-class gastrointestinal products for companion and production animals. Canalevia is our lead prescription drug product candidate for the treatment of various forms of watery diarrhea in dogs. Canalevia is a canine-specific formulation of crofelemer, an active pharmaceutical ingredient isolated and purified from the Croton lechleri tree. A human-specific formulation of crofelemer, Fulyzaq, was approved by the FDA in 2012 for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. Members of our management team developed crofelemer, including while at Napo Pharmaceuticals. Neonorm is our lead non-prescription product to improve gut health and normalize stool formation in animals suffering from watery diarrhea, or scours. We launched Neonorm in the United States at the end of 2014 for preweaned dairy calves under the brand name Neonorm Calf and expect to launch additional formulations of Neonorm for other animal species in 2015. We have already shipped approximately $450,000 of Neonorm Calf to distributors. Neonorm is a botanical extract also derived from the Croton lechleri tree. Canalevia and Neonorm are distinct products that are formulated to address specific species and market channels. We have filed nine investigational new animal drug applications with the FDA and intend to develop species-specific formulations of Neonorm in six additional target species.
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IPO News for Jaguar Animal Health
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IPO Data
IPO File Date 08/27/2014
Offer Price $7.00
Price Range $7.00 - $7.00
Offer Shares (mm) 2.9
Deal Size ($mm) $20
IPO Data
IPO Date 05/13/2015
Offer Price $7.00
Price Range $7.00 - $7.00
Offer Shares (mm) 2.9
Deal Size ($mm) $20
Underwriters
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Company Data
Headquarters San Francisco, CA
Founded 2013
Employees 17
Website www.jaguaranimalhealth.com