Mangoceuticals, Inc. (NASDAQ: MGRX) ("Mangoceuticals" or the
"Company"), a company focused on developing, marketing, and selling
a variety of men’s wellness products via a secure telemedicine
platform under the brand MangoRx, proudly announces the official
launch of PeachesRx, an innovative women’s health and wellness
brand focused on providing cutting-edge, convenient treatments
tailored to women’s unique health needs. These new and innovative
women’s health and wellness products will be made available via a
secure telemedicine platform located at www.PeachesRx.com.
PeachesRx will debut with a strong focus on
compounded GLP-1 receptor agonists—a class of medications proven to
aid weight loss by regulating appetite and glucose metabolism.
Recent studies show that approximately 70% of GLP-1 prescriptions
for weight loss are written for women, reflecting their dominant
role in driving the surge in demand for these medications. By
introducing its tailored GLP-1 offerings, PeachesRx aims to meet
the unique metabolic needs of women while providing an accessible
and affordable telehealth-driven solution.
Market demand for GLP-1 weight loss treatments
among women is expanding rapidly. Industry projections estimate
that the global GLP-1 market for weight management will exceed $48
billion by 2030, with women comprising the majority of users.
Additionally, the global women’s health market was valued at $49.33
billion in 2024 and is projected to reach $68.53 billion by 2030,
growing at a 5.1% CAGR. Within the U.S. women's telehealth market,
growth is fueled by increased awareness, the demand for remote
care, and the rise of personalized medicine. PeachesRx is
well-positioned to capture this market by delivering GLP-1
solutions tailored to women's health needs, with seamless access
through its HIPAA-compliant telemedicine platform.
"The launch of PeachesRx is the natural next
step in Mangoceuticals’ expansion as we continue to redefine
direct-to-consumer healthcare solutions," said Jacob Cohen, CEO and
Founder of Mangoceuticals, who continued, "We’ve seen the success
of our telehealth platform for men, and we believe there is an even
greater opportunity in women’s health. As we have seen with MangoRx
in the men’s health market, brand trust, accessibility, and
innovative product offerings have been key to driving MangoRx’s
success. PeachesRx will follow this blueprint, ensuring that women
can confidently access clinically proven treatments tailored to
their needs.”
Women represent a dominant force in telehealth
adoption, with studies showing that over 60% of telehealth users
are female. More than ever, women are seeking convenient,
personalized healthcare solutions, and Peaches aims to
revolutionize access by providing affordable, effective, and
medically supervised treatments via its secure, HIPAA-compliant
telemedicine platform.
"Women’s healthcare has been underserved for too
long. With PeachesRx, we are transforming access by providing
seamless, confidential, and medically backed care," said Amanda
Hammer, COO of Mangoceuticals, who continued, "Our goal is to bring
the same level of innovation, affordability, and accessibility that
has driven our success in men’s wellness."
Positioned to be a leader in women’s telehealth,
PeachesRx combines an intuitive user experience with a commitment
to high-quality care, meeting the evolving needs of today’s
healthcare consumers. By initially launching with GLP-1 solutions,
PeachesRx intends to lay the groundwork for potential future
expansion into broader wellness categories, including, but not
limited to, sexual health, hair growth, and hormone therapy
solutions. The Company plans to grow PeachesRx into a leader in
women’s telehealth.
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.
About PeachesRx
PeachesRx is focused on developing a variety of
women’s health and wellness products and services via a secure
telemedicine platform. To date, the PeachesRx has identified weight
management as the initial product category for its initial launch.
Interested consumers can use PeachesRx’s telemedicine platform for
a smooth experience. Prescription requests will be reviewed by a
physician and, if approved, fulfilled and discreetly shipped
through PeachesRx’s partner compounding pharmacy and right to the
patient’s doorstep. To learn more about PeachesRx’s mission and
other products, please visit www.PeachesRx.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; the investigation into,
outcome of the investigation regarding, and potential lawsuits,
claims and actions regarding, a potential stock manipulation scheme
relating to the Company’s common stock following the Company’s
prior reverse stock split; 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) 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, 2023 and our
Quarterly Report on Form 10-Q for the quarter September 30, 2024,
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:
https://www.instagram.com/mango.rxhttps://x.com/mango_rxhttps://www.facebook.com/MangoRxOfficial
Follow PeachesRx on social
media:
https://www.instagram.com/peachesrx/
https://x.com/PeachesRx https://www.facebook.com/PeachesRx/
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