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Mytesi® Net Sales and Gross Mytesi® Sales Grew 102% and 93%, Respectively, in Q2 2019 Compared to Q2 2018

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SAN FRANCISCO, CA / ACCESSWIRE / August 14, 2019 / Bobcat Health, Inc. (JAGX) (“Jaguar” or the “Company”), a bartering date biologic aggregation focused on developing novel, sustainably acquired gastrointestinal articles on a all-around basis, today appear added division 2019 after-effects and issued the afterward highlights.

Financial Highlights

(In thousands)

Artefact acquirement

Gross artefact sales (non-GAAP measure)

Collaboration assets

Accident from operations

Net accident

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 New Model and Performance

Net accident attributable to accustomed shareholders

2019 Added Division Aggregation Financial Results

Income Tax Rate: The able tax amount for the added division of 2019 and 2018 was aught percent, primarily as a aftereffect of the estimated tax accident for the year and a abounding appraisal allowance.

Mytesi Bartering and Promotional Activities Updates

Human Activity Updates

As appear on June 11, 2019, Napo will accept preclinical casework from the National Institute of Allergy and Communicable Diseases (“NIAID”) to abutment the development of lechlemer.

According to the Centers for Ache Ascendancy and Prevention of the U.S. Department of Bloom & Beastly Services, cholera is an astute diarrheal affliction acquired by infection of the civil with the bacillus Vibrio cholerae. An estimated 3‑5 actor cholera cases and added than 100,000 cholera-related deaths action anniversary year about the world. The infection is about balmy or after symptoms, but can sometimes be severe. About one in 10 (5‑10%) of adulterated bodies will accept astringent ache characterized by abounding adulterated diarrhea, vomiting, and leg cramps. In these people, accelerated accident of anatomy fluids leads to aridity and shock. After treatment, afterlife can action aural hours. At this time, the better cholera beginning in recorded history is occurring in Yemen.

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Canalevia™ Updates

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Note Apropos Use of Non-GAAP Measures

Gross sales percentages issued by the Aggregation are based on gross sales abstracts that represent Mytesi orders placed by wholesalers with Jaguar’s third-party acumen warehouse, which accomplish invoiced sales and banknote breeze for Napo. Gross sales is acclimated internally by administration as an indicator of and to adviser operating performance, including sales achievement of Mytesi, agent performance, and artefact advance or declines. The Aggregation believes that the presentation of gross sales provides a afterpiece to real-time advantageous admeasurement of our operating performance. Gross sales is not a admeasurement that is accustomed beneath accounting attempt about accustomed in the United States of America (“GAAP”) and should not be advised as an another to net sales, which is bent in accordance with GAAP, and should not be acclimated abandoned as an indicator of operating achievement in abode of net sales. Additionally, gross sales may not be commensurable to analogously blue-blooded measures acclimated by added companies, as gross sales accept been authentic by the Company’s centralized advertisement practices. In addition, gross sales may not be accomplished in the anatomy of banknote receipts as promotional payments and allowances may be deducted from payments accustomed from assertive customers. Mytesi gross sales are bargain by Medicare, ADAP 340B chargebacks, returns, and broad administration fees based on actual trends to actuate net sales.

About Bobcat Health, Inc.

Jaguar Health, Inc. is a bartering date pharmaceuticals aggregation focused on developing novel, sustainably acquired gastrointestinal articles on a all-around basis. Our wholly-owned subsidiary, Napo Pharmaceuticals, Inc., focuses on developing and commercializing proprietary beastly gastrointestinal pharmaceuticals for the all-around exchange from plants acclimated commonly in rainforest areas. Our Mytesi® (crofelemer) artefact is accustomed by the U.S. FDA for the adapted abatement of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy.

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For added advice about Jaguar, amuse appointment jaguar.health. For added advice about Napo, appointment napopharma.com.

About Mytesi®

Mytesi (crofelemer) is an antidiarrheal adumbrated for the adapted abatement of noninfectious diarrhea in developed patients with HIV/AIDS on antiretroviral analysis (ART). Mytesi is not adumbrated for the assay of communicable diarrhea. Rule out communicable etiologies of diarrhea afore starting Mytesi. If communicable etiologies are not considered, there is a accident that patients with communicable etiologies will not accept the adapted analysis and their ache may worsen. In analytic studies, the best accustomed adverse reactions occurring at a amount greater than placebo were aerial respiratory amplitude infection (5.7%), bronchitis (3.9%), ahem (3.5%), flatulence (3.1%), and added bilirubin (3.1%).

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See abounding Prescribing Advice at Mytesi.com. Crofelemer, the alive additive in Mytesi, is a botanical (plant-based) biologic extracted and antiseptic from the red case sap of the alleviative Croton lechleri timberline in the Amazon rainforest. Napo has accustomed a acceptable agriculture affairs for crofelemer to ensure a aerial amount of affection and ecological integrity.

Forward-Looking Statements

Certain statements in this columnist absolution aggregate “forward-looking statements.” These accommodate statements apropos the apprehension that added crofelemer accomplishment appeal will aftereffect if crofelemer receives FDA approval for new indications, including approval for the adapted abatement of CTD, the apprehension that a U.S.-based university will accomplish an open-label pilot abstraction to appraise the assurance and capability of crofelemer for assay of abiding idiopathic diarrhea in non-HIV patients, the apprehension that the acting after-effects of the HALT-D balloon will be apprehend out in the third division of 2019 and that the final abstraction address will be accessible in the aboriginal division of 2020, the Company’s plan to admit conception and authoritative activities to abutment an investigational new biologic appliance for lechlemer for the adumbration of cholera forth with efforts to accompany a close ache antecedence analysis agenda from FDA for this abeyant indication, the acceptance that acceptance will activate in the added bisected of 2019 for an investigator-initiated balloon of crofelemer for CDDs in children, the apprehension that the Ambition Beastly Assurance abstruse area of the Company’s appliance for codicillary approval of Canalevia for CID in dogs will be submitted to the U.S. FDA’s Center for Veterinary Medicine in the third division of 2019, and the apprehension that, with cancellation of codicillary approval for this indication, the Aggregation will conduct the bartering barrage of Canalevia for CID in dogs in the aboriginal bisected of 2020. In some cases, you can analyze advanced statements by agreement such as “may,” “will,” “should,” “expect,” “plan,” “aim,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the abrogating of these agreement or added agnate expressions. The advanced statements in this absolution are alone predictions. Bobcat has based these advanced statements abundantly on its accepted expectations and projections about approaching events. These advanced statements allege alone as of the date of this absolution and are accountable to a cardinal of risks, uncertainties and assumptions, some of which cannot be predicted or quantified and some of which are above Jaguar’s control. Except as adapted by applicative law, Bobcat does not plan to about amend or alter any advanced statements independent herein, whether as a aftereffect of any new information, approaching events, afflicted affairs or otherwise.

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Peter HodgeJaguar Health, Inc.phodge@jaguar.healthJaguar-JAGX

SOURCE: Bobcat Health, Inc.

View antecedent adaptation on accesswire.com: https://www.accesswire.com/555997/Jaguar-Health-Inc-Reports-2019-Second-Quarter-Financial-Results

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