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Jaguar Health announces import of coca leaf by Magdalena Biosciences JV
The Fly

Jaguar Health announces import of coca leaf by Magdalena Biosciences JV

Jaguar Health (JAGX) announced that Magdalena Biosciences, a joint venture formed by Jaguar and Filament Health (FLHLF), completed an import of six kilograms of coca leaf from Peru to Filament’s Metro Vancouver research and development facility. This is the second import of coca leaf into Canada that Magdalena has completed. It was authorized by the Peruvian Health Authority, Direccion General de Medicamentos Insumos y Drogas, and acquired from the Empresa Nacional de la Coca. Dr. King will be presenting more details about the potential promise of whole extract coca leaf Botanical Drugs at The McKenna Academy of Natural Philosophy’s groundbreaking Wisdom of the Leaf Coca Summit, which takes place February 3-7, 2025 in Peru. Magdalena’s mission is to develop novel, safe, efficacious next-generation psychoactive FDA-approved plant-based drugs under FDA Botanical Guidance for mental health indications including schizophrenia, anxiety, depression, and cognitive deficits in attention-deficit/hyperactivity disorder. The coca leaf imported from Peru will be used for the development of a Botanical Drug candidate for the treatment of potentially ADHD or other neuropsychiatric indications.

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