Business
Coca Access and Benefit Sharing Agreement Authorized by Peru's National Institute of Agrarian Innovation (INIA) Supports Research Efforts of Jaguar Health and Filament Health Joint Venture, Magdalena Biosciences, into Potential Mental Health and CNS I...
Coca Access and Benefit Sharing Agreement Authorized by Peru's National Institute of Agrarian Innovation (INIA) Supports Research Efforts of Jaguar Health and
About this update from Jaguar Health, Inc.
[{"type":"text","content":"Coca Access and Benefit Sharing Agreement Authorized by Peru's National Institute of Agrarian Innovation (INIA) Supports Research Efforts of Jaguar Health and Filament Health Joint Venture, Magdalena Biosciences, into Potential Mental Health and CNS Indications of Coca \n Magdalena is focused on developing novel, natural prescription medicines derived from plants for mental health indications SAN FRANCISCO, CA / ACCESS Newswire / July 8, 2025 / Jaguar Health, Inc.(NASDAQ:JAGX) (\"Jaguar\") today announced that an access and benefit sharing agreement focused on two cultivated species of the coca plant - Erythroxylum coca and Erythroxylum novogranatense - from Peru has been signed between Peru's National Institute of Agrarian Innovation (INIA) and Psilo Scientific, a subsidiary of Filament Health Corp.(OTC:FLHLF) (\"Filament\"). The access agreement authorizes the research program of Magdalena Biosciences (\"Magdalena\"), a US-based joint venture formed by Jaguar and Filament, into a variety of potential mental health and central nervous system (CNS) indications for coca.\"Psilo Scientific, Filament, Jaguar and Magdalena are very pleased about the signing of this coca access agreement,\" said Steven King, Ph.D., Jaguar's Chief Sustainable Supply and Ethnobotanical Research Officer and an Advisor to Magdalena. \"As part of the authorization of this research project, an Internationally Recognized Certificate of Compliance (IRCC) has been granted and published on the Convention on Biological Diversity (CBD) website. The CBD is an international treaty for the conservation of biodiversity, the sustainable use of the components of biodiversity, and the equitable sharing of the benefits derived from the use of genetic resources. An IRCC is a key mechanism under the CBD and the Nagoya Protocol to ensure fair and equitable sharing of benefits from the use of genetic resources and indigenous knowledge.\"\"The entire Magdalena team is deeply grateful to our Peruvian partner organizations in this research program, the Univeridad Nacional Agraria La Molina (La Molina) and the Empresa Nacional de La Coca (ENACO) for their collaboration, expertise and guidance,\" said Dr. King. \"We are also grateful to the people of the Andean region who have domesticated the sacred plant, ‘mama coca', which is and has been interwoven in the ritual, spiritual a...