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Monday, 11/16/2020 8:20:42 AM

Monday, November 16, 2020 8:20:42 AM

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today reported consolidated third quarter 2020 financial results.
2020 Third Quarter Company Financial Results:
• Mytesi® Net Product Revenue: Mytesi net sales during the third quarter of 2020 were approximately $2.8 million and $1.0 million in the third quarter 2019. This third quarter 2020 result represents approximately 280% of the same period in 2019, or an increase of $1.8 million quarter over quarter.
• Mytesi Gross Product Revenue (Non-GAAP): Mytesi gross sales during the third quarter of 2020 were approximately $6.3 million and $1.9 million in the third quarter of 2019. This third quarter 2020 result represents approximately 332% of the same period in 2019, or an increase of $4.4 million quarter over quarter.
The increase in sales coincided with enhancements to the Mytesi patient access program, known as NapoCares™, of Jaguar's wholly owned subsidiary, Napo Pharmaceuticals, Inc., in the beginning of April 2020. In the third quarter of 2020, the Company's animal product commercialization efforts were intentionally minimal, and Jaguar's animal-related sales were also minimal.
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