Jaguar Health, Inc.: Jaguar Health Announces Closing of $6.0 Million Issuance and Sale of Designation-backed Note Related to Possible Tropical Disease Priority Review Voucher
SAN FRANCISCO, CA / ACCESSWIRE / January 20, 2021 / Jaguar Health, Inc. (NASDAQ:JAGX) ( Jaguar or the Company ) announced today that the Company has signed a definitive agreement (the Agreement ) related to the previously announced term sheet for the issuance and sale of a secured promissory note in the principal amount of $6.0 million (the Note ) to Streeterville Capital, LLC (the Investor ). The sale of the Note closed on January 19, 2021.
Per the terms of the Agreement, in addition to return of principal and accrued interest at prime interest rate on the Note, the Investor has a right to 18% of the gross proceeds (the Return Bonus ) from the sale of a possible tropical disease priority review voucher ( TDPRV ) that Jaguar s wholly owned subsidiary, Napo Pharmaceuticals, Inc. ( Napo ), plans to purs
In a statement
CAIR National Executive Director Nihad Awad said: We commend President Biden for immediately moving to repeal the Muslim and African Bans, which is an important first step toward undoing the anti-Muslim and anti-immigrant policies of the previous administration. It is an important fulfilment of a campaign pledge to the Muslim community and its allies. We expect the Biden administration to go further by supporting passage of the No Ban Act and addressing systemic injustices within the federal government that led to religious and racial profiling of Muslims and immigrants under multiple administrations. CAIR also welcomes the Biden Administration s move to preserve and fortify protections for Dreamers; inclusion of all persons - including the undocumented - in the U.S. census count; ordering the removal of barriers preventing minorities and underserved communities access to federal programs and institutions; and other impactful executive orders.
Education:
I studied art and design at the School of Visual Art and Parsons School of Design and also have a BA in History from Connecticut College.
If you had not chosen your profession, what profession would you choose and why?
I’ve always been a creator and builder of things, so even if I was not designing and developing websites I imagine I would still be making something perhaps as an architect or product developer.
Favorite vacation:
My wife and I took our boys on a two-week trip to Switzerland, Germany and Belgium a few Novembers ago that was fantastic. We were able to see family and friends, eat amazing food, and create incredible memories – from touring a swiss chocolate factory to exploring medieval castles to spending time at the Bastogne War Museum in Belgium, learning about the Battle of the Bulge where my wife’s grandfather fought years ago.
Pharmacies in 105 Publix grocery stores across Florida each will offer between 100 and 125 COVID-19 vaccine inoculations a day as part of the state's ramped up vaccine distribution plan.
The Big Picture
On January 8, the U.S. Department of Health & Human Services (HHS) released a final rule that imposes a ten-year sunset date on most regulations that have ever been, or will ever be, issued by HHS and its component agencies, including the Centers for Medicare & Medicaid Services (CMS) and the Food and Drug Administration (FDA).
1 To preserve a rule past this automatic expiration date, HHS must assess whether the rule significantly affects “small entities”; if so, HHS must publish an analysis of whether the rule ought to be preserved, amended or rescinded, as described below.
The so-called SUNSET rule which stands for “Securing Updated and Necessary Statutory Evaluations Timely” was finalized largely as proposed in November. The most significant difference pertains to the timeline for reviewing the backlog of rules that are already more than ten years old: HHS now has five years to complete these assessments, up from two years in the proposed rule. Other not