Mangoceuticals, Inc. (NASDAQ: MGRX) ("Mangoceuticals" or the
"Company"), a company focused on developing, marketing, and selling
a variety of health and wellness products via a secure telemedicine
platform under the brands MangoRx and PeachesRx, and a pioneer in
innovative wellness solutions, is excited to share groundbreaking
results from field studies based on its patented antiviral compound
which it refers to as “MGX-0024”. The field studies were conducted
by Solice International at Duraiswamy Farm in Palladam, Tamil Nadu,
India. These studies, targeting respiratory diseases in chickens,
like Newcastle Disease and Chronic Respiratory Disease (CRD),
showed MGX-0024, delivered through drinking water, achieved 100%
survival against respiratory illnesses in a large-scale trial,
offering a promising solution for poultry health and avian flu
defense.
In the first study, 8,000 chickens starting at
25 days old received MGX-0024-infused water, resulting in about 50
deaths per day from respiratory diseases, compared to 200 per day
on a neighboring untreated farm using the same chick batch (used as
a control). The farm noted that some deaths may have been due to
pre-infected chickens too weak to drink the treated water. In a
second study, 10,000 chicks treated from 7 days old, for 48 days,
with no other antibacterial or antiviral feed additives
administered, had no deaths from respiratory diseases, despite an
expected 50% mortality rate (5,000 deaths) based on a nearby farm’s
losses (which served as the control). Only 20 chickens died due to
unrelated heat exposure. MGX-0024, a blend of natural polyphenols
and zinc, Generally Recognized as Safe (GRAS) ingredients, is also
under evaluation for use in preventing avian flu (H5N1) in a lab
study with Vipragen Biosciences and an Indian government
laboratory, with results expected soon. A link to the complete
study can be found here or by visiting
www.MangoRxIPHoldings.com.
The results of the studies demonstrate
significant reductions in mortality due to respiratory diseases
compared to untreated neighboring farms, with no respiratory
disease-related deaths in the second trial.
We believe that MGX-0024 provides a vaccine- and
antibiotic-free way to protect poultry, aligning with global
antibiotic restrictions, including India’s ban effective April
2025, the EU’s 2022 ban, and the US’s 2017 ban on antibiotic growth
promoters. “We believe that MGX-0024 is a safe, non-toxic, all
natural, easy-to-use solution that could revolutionize poultry
farming by keeping flocks healthy without the use of drugs or
vaccines,” said Jacob Cohen, Co-Founder and CEO of
Mangoceuticals.
Mangoceuticals and its partner IntraMont are
moving swiftly to bring MGX-0024 to market. The company is scaling
production and reaching out to large-scale farms in the US, UK,
Canada, and Australia for pilot deployments. Mangoceuticals is also
engaging regulatory authorities in these markets to work towards
securing approvals for MGX-0024 to be used as a frontline defense
against respiratory diseases and zoonotic threats like avian flu.
Additional field studies are planned at Duraiswamy Farm and 2–3
other farms in Indian states with a known H5N1 presence to further
validate efficacy.
Furthermore, MangoRx IP Holdings, LLC, a
wholly-owned subsidiary of the Company, which owns the patent for
MGX-0024, is in the process of securing a Commercial and Government
Entity (CAGE) code to pursue US federal funding through programs
like the United States Department of Agriculture’s Agriculture and
Food Research Initiative and The Biomedical Advanced Research and
Development Authority, a center within the Administration for
Strategic Preparedness and Response located within the U.S.
Department of Health and Human Services. These efforts aim to
support global rollout and meet the rising demand for
antibiotic-free poultry, and are expected to drive revenue through
partnerships, sales, and licensing agreements.
“MGX-0024 has been shown in studies to stabilize
farm production and we believe this opens doors to new markets by
meeting consumer and trade demands for antibiotic-free poultry,”
commented Mr. Cohen. “We’re eager to collaborate with farms and
health leaders worldwide with the goal of making MGX-0024 a global
standard.”
For inquiries, contact
info@mangorxipholdings.com or visit www.mangorxipholdings.com.
Study Disclaimer
The information contained in this press release
regarding the field study results of MGX-0024 is based on
controlled studies commissioned and funded by Mangoceuticals, Inc.
and conducted by Solice International at Duraiswamy Farm in
Palladam, Tamil Nadu, India. While the Company believes the results
are accurate and reliable, they are preliminary and subject to
further validation through additional independent studies. To
strengthen the data, Mangoceuticals is conducting additional
testing with Vipragen Biosciences Private Limited, a renowned
Contract Research Organization, in collaboration with an Indian
government laboratory. These studies aim to further evaluate
MGX-0024’s efficacy, including against avian influenza, otherwise
known as bird flu or H5N1. The field studies were conducted under
controlled conditions, and results may vary in different
environments or with broader application. The presence of H5N1 at
the study site has not been officially confirmed by local
authorities, and claims of efficacy against specific pathogens,
including H5N1, are pending further confirmation from ongoing
studies.
This press release contains forward-looking
statements, including but not limited to statements about the
potential efficacy, commercial rollout, and regulatory approval of
MGX-0024, as well as its impact on poultry farming and biosecurity.
These statements are subject to risks and uncertainties, including
the outcomes of ongoing and future studies, regulatory approvals,
market acceptance, and the ability to scale production and
distribution. There is no guarantee that MGX-0024 will achieve the
same results in other settings or receive regulatory approval in
key markets. The Company’s plans to engage with regulatory
authorities, secure funding, and expand studies are aspirational
and may not materialize as anticipated. See also “Cautionary Note
Regarding Forward-Looking Statements”, below.
Mangoceuticals, Inc. has not independently
verified the data provided by Solice International, and investors
and stakeholders are cautioned not to place undue reliance on these
preliminary results. For further details on the study methodologies
and results, please contact info@mangorxipholdings.com. The Company
undertakes no obligation to update or revise any forward-looking
statements, except as required by applicable law.
A link to the complete study can be found here
or by visiting the website at www.MangoRxIPHoldings.com.
About MangoRx
MangoRx is focused on developing a variety of
men’s health and wellness products and services via a secure
telemedicine platform. To date, the Company has identified men’s
wellness telemedicine services and products as a growing sector and
especially related to the area of erectile dysfunction (ED), hair
growth, hormone replacement therapies, and weight management.
Interested consumers can use MangoRx’s telemedicine platform for a
smooth experience. Prescription requests will be reviewed by a
physician and, if approved, fulfilled and discreetly shipped
through MangoRx’s partner compounding pharmacy and right to the
patient’s doorstep. To learn more about MangoRx’s mission and other
products, please visit www.MangoRx.com.
Cautionary Note Regarding
Forward-Looking Statements
Certain statements made in this press release
contain forward-looking information within the meaning of
applicable securities laws, including within the meaning of the
Private Securities Litigation Reform Act of 1995 (“forward-looking
statements”). These forward-looking statements represent the
Company’s current expectations or beliefs concerning future events
and can generally be identified using statements that include words
such as “estimate,” “expects,” “project,” “believe,” “anticipate,”
“intend,” “plan,” “foresee,” “forecast,” “likely,” “will,” “target”
or similar words or phrases. These forward-looking statements are
subject to risks, uncertainties and other factors, many of which
are outside of the Company’s control which could cause actual
results to differ materially from the results expressed or implied
in the forward-looking statements, relating to, among other things:
statements about the ability of our trials to demonstrate safety
and efficacy of our product candidates, and other positive results;
the risk that initial drug results are not predictive of future
results or will not be able to be replicated in clinical trials or
that such drugs selected for clinical development will not be
successful; challenges and uncertainties inherent in product
research and development, including the uncertainty of clinical
success and of obtaining regulatory approvals; the Company’s
reliance on third parties to conduct its clinical trials;
unexpected adverse side effects or inadequate therapeutic efficacy
of drug candidates that could limit approval and/or
commercialization, or that could result in recalls or product
liability claims; uncertainty of commercial success; the inherent
risks in early stage drug development including demonstrating
efficacy; development time/cost and the regulatory approval
process; uncertainties inherent in research and development,
including the ability to meet anticipated clinical endpoints,
commencement and/or completion dates for clinical trials,
regulatory submission dates, regulatory approval dates and/or
launch dates, as well as the possibility of unfavorable new
clinical data and further analyses of existing clinical data; risks
associated with interim data; including the risk that final results
could differ from interim data released; the risk that clinical
trial data are subject to differing interpretations and assessments
by regulatory authorities; whether regulatory authorities will be
satisfied with the design of and results from our clinical studies;
the progress of our clinical trials; manufacturing difficulties and
delays; competition, including technological advances, new products
and patents attained by competitors; challenges to patents; changes
in behavior and spending patterns of purchasers of health care and
other of our products and services; changes to applicable laws and
regulations, including global health care reforms; and trends
toward health care cost containment; potential lawsuits, claims and
actions; the outcome of certain outstanding legal matters, claims
and allegations, the requirement that the Company spend cash and
management’s resources on such matters, even if the Company
ultimately prevails in such matters, risks associated with certain
counterparties to lawsuits having significantly greater resources
than us, settlements we may choose to enter into in the future and
the terms thereof, and potential regulatory reviews, inquiries or
lawsuits, which are brought about by claims made in private
lawsuits; the review and evaluation of strategic transactions and
their impact on shareholder value; the process by which the Company
engages in evaluation of strategic transactions; the outcome of
potential future strategic transactions and the terms thereof; the
ability of the Company to raise funding, the terms of such funding,
and dilution caused thereby; our ability to meet the continued
listing requirements of Nasdaq; our ability to maintain the listing
of our common stock on Nasdaq; our ability to commercialize our
patent portfolio; our ability to obtain Comisión Federal para la
Protección contra Riesgos Sanitarios for our ED product in Mexico,
the costs thereof and timing associated therewith; our ability to
obtain additional funding and generate revenues to support our
operations; risks associated with our products which have not been,
and will not be, approved by the U.S. Food and Drug Administration
(“ FDA ”) and have not had the benefit of the FDA’s clinical trial
protocol which seeks to prevent the possibility of serious patient
injury and death; risks that the FDA may determine that the
compounding of our products does not fall within the exemption from
the Federal Food, Drug, and Cosmetic Act (“ FFDCA Act ”) provided
by Section 503A; risks associated with related party relationships
and agreements; the effect of data security breaches, malicious
code and/or hackers; competition and our ability to create a
well-known brand name; changes in consumer tastes and preferences;
material changes and/or terminations of our relationships with key
parties; significant product returns from customers, product
liability, recalls and litigation associated with tainted products
or products found to cause health issues; claims, lawsuits and
litigation relating to our intellectual property, including
allegations that our intellectual property infringes on the
intellectual property of others, costs related to any such claims
or lawsuits and resources required to expend in connection
therewith; our ability to innovate, expand our offerings and
compete against competitors which may have greater resources; our
significant reliance on related party transactions and risks
associated with related party relationships and agreements; the
projected size of the potential market for our technologies and
products; risks related to the significant number of shares in the
public float, our share volume, the effect of sales of a
significant number of shares in the marketplace; dilution caused by
offerings; conversion of outstanding shares of preferred stock and
the rights and preferences thereof, the fact that we have a
significant number of outstanding warrants to purchase shares of
common stock and other convertible securities, the resale of which
underlying shares have been registered under the Securities Act of
1933, as amended, dilution caused by exercises/conversions thereof,
overhang related thereto, and decreases in the trading price of our
common stock caused by sales thereof; our ability to build and
maintain our brands; cybersecurity, information systems and fraud
risks and problems with our websites; changes in, and our
compliance with, rules and regulations affecting our operations,
sales, marketing and/or our products; shipping, production or
manufacturing delays; regulations we are required to comply with in
connection with our operations, manufacturing, labeling and
shipping; our dependency on third-parties to prescribe and compound
our products; our ability to establish or maintain relations and/or
relationships with third-parties; potential safety risks associated
with our products, including the use of ingredients, combination of
such ingredients and the dosages thereof; the effects of changing
rates of inflation and interest rates, and economic downturns,
including potential recessions, as well as macroeconomic,
geopolitical, health and industry trends, pandemics, acts of war
(including the ongoing Ukraine/Russian conflict and war in Israel),
tariffs, trade wars, and other large-scale crises; our ability to
protect intellectual property rights; our ability to attract and
retain key personnel to manage our business effectively; overhang
which may reduce the value of our common stock; volatility in the
trading price of our common stock; and general consumer sentiment
and economic conditions that may affect levels of discretionary
customer purchases of the Company’s products, including potential
recessions and global economic slowdowns. Although we believe that
our plans, intentions and expectations reflected in or suggested by
the forward-looking statements we make in this release are
reasonable, we provide no assurance that these plans, intentions or
expectations will be achieved. Consequently, you should not
consider any such list to be a complete set of all potential risks
and uncertainties.
More information on potential factors that could
affect the Company’s financial results is included from time to
time in the “Cautionary Note Regarding Forward-Looking Statements,”
“Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” sections of the
Company’s filings with the SEC, including the Company’s Annual
Report on Form 10-K for the year ended December 31, 2024 and our
Quarterly Report on Form 10-Q for the quarter ended March 31, 2025,
and subsequent reports. These filings are available
at www.sec.gov and at our website
at https://www.mangoceuticals.com/sec-filings . All
subsequent written and oral forward-looking statements attributable
to the Company or any person acting on behalf of the Company are
expressly qualified in their entirety by the cautionary statements
referenced above. Other unknown or unpredictable factors also could
have material adverse effects on the Company’s future results. The
forward-looking statements included in this press release are made
only as of the date hereof. The Company cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, the Company undertakes no
obligation to update these statements after the date of this
release, except as required by law, and takes no obligation to
update or correct information prepared by third parties that are
not paid for by the Company. If we update one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements.
Follow MangoRx on social
media:
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FOR INVESTOR RELATIONS
Mangoceuticals Investor
RelationsEmail: investors@mangorx.com
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