MangoRx Receives Certificate of Grant in India for its Respiratory Illness and Preventive Care Technology Patent
MangoRx (NASDAQ: MGRX) has received a Certificate of Grant in India for its respiratory illness and preventive care technology patent. The patent, valid until March 16, 2040, covers a proprietary formulation designed to combat infections including colds, respiratory diseases, and orally transmitted infections like HPV. This follows MangoRx's acquisition of Intramont Technologies' global patent portfolio on April 24, 2024.
The technology uses an orally available solution containing GALALCOOL®️, zinc protoporphyrin IX, and select tannins to inhibit various pathogens. MangoRx and Intramont have initiated clinical trials in India to demonstrate the formulation's efficacy in preventing respiratory illnesses, with results expected later this quarter. The company is also considering expanding trials to address avian influenza concerns.
MangoRx (NASDAQ: MGRX) ha ricevuto un Certificato di Concessione in India per il suo brevetto sulla tecnologia per la cura delle malattie respiratorie e la prevenzione. Il brevetto, valido fino al 16 marzo 2040, copre una formulazione proprietaria progettata per combattere infezioni come il raffreddore, malattie respiratorie e infezioni trasmesse per via orale come l'HPV. Ciò segue l'acquisizione da parte di MangoRx del portafoglio di brevetti globale di Intramont Technologies il 24 aprile 2024.
La tecnologia utilizza una soluzione orale contenente GALALCOOL®️, zinco protoporfirina IX e tannini selezionati per inibire vari patogeni. MangoRx e Intramont hanno avviato studi clinici in India per dimostrare l'efficacia della formulazione nella prevenzione delle malattie respiratorie, con risultati attesi entro la fine di questo trimestre. L'azienda sta inoltre considerando di espandere gli studi per affrontare preoccupazioni legate all'influenza aviaria.
MangoRx (NASDAQ: MGRX) ha recibido un Certificado de Concesión en la India para su patente sobre tecnología de atención preventiva y enfermedades respiratorias. La patente, válida hasta el 16 de marzo de 2040, cubre una formulación exclusiva diseñada para combatir infecciones, incluyendo resfriados, enfermedades respiratorias e infecciones transmitidas por vía oral como el VPH. Esto se produce tras la adquisición por MangoRx del portafolio de patentes global de Intramont Technologies el 24 de abril de 2024.
La tecnología utiliza una solución de administración oral que contiene GALALCOOL®️, protoporfirina IX de zinc y taninos selectos para inhibir varios patógenos. MangoRx e Intramont han iniciado ensayos clínicos en India para demostrar la eficacia de la formulación en la prevención de enfermedades respiratorias, con resultados esperados más adelante en este trimestre. La empresa también está considerando expandir los ensayos para abordar preocupaciones sobre la influenza aviar.
MangoRx (NASDAQ: MGRX)는 인도에서 호흡기 질환 및 예방 관리 기술 특허에 대한 보증서를 받았습니다. 이 특허는 2040년 3월 16일까지 유효하며, 감기, 호흡기 질환 및 HPV와 같은 구강 전염 감염과 싸우기 위해 설계된 독점 제형을 다루고 있습니다. 이는 MangoRx가 2024년 4월 24일 Intramont Technologies의 글로벌 특허 포트폴리오를 인수한 후의 사건입니다.
이 기술은 GALALCOOL®️, 아연 프로토포르피린 IX 및 선택된 탄닌을 포함한 구강 용액을 사용하여 다양한 병원체를 억제합니다. MangoRx와 Intramont는 호흡기 질환 예방을 위한 제형의 효능을 입증하기 위해 인도에서 임상 시험을 시작했으며, 결과는 이번 분기 중에 예상하고 있습니다. 또한 이 회사는 조류 인플루엔자 문제를 해결하기 위해 시험을 확대하는 것을 고려하고 있습니다.
MangoRx (NASDAQ: MGRX) a reçu un Certificat de Concession en Inde pour son brevet sur une technologie de soin des maladies respiratoires et de prévention. Le brevet, valable jusqu'au 16 mars 2040, couvre une formulation propriétaire conçue pour lutter contre les infections telles que le rhume, les maladies respiratoires et les infections transmises par voie orale comme le HPV. Cela fait suite à l'acquisition par MangoRx du portefeuille mondial de brevets d'Intramont Technologies le 24 avril 2024.
La technologie utilise une solution orale contenant GALALCOOL®️, protoporphyrine IX de zinc et des tanins sélectionnés pour inhiber divers agents pathogènes. MangoRx et Intramont ont lancé des essais cliniques en Inde pour démontrer l'efficacité de la formulation dans la prévention des maladies respiratoires, les résultats étant attendus plus tard ce trimestre. La société envisage également d'élargir les essais pour répondre aux préoccupations concernant la grippe aviaire.
MangoRx (NASDAQ: MGRX) hat in Indien ein Zertifikat für die Erteilung eines Patents für seine Technologie zur Behandlung von Atemwegserkrankungen und zur Prävention erhalten. Das Patent ist bis zum 16. März 2040 gültig und schützt eine proprietäre Formulierung, die zur Bekämpfung von Infektionen wie Erkältungen, Atemwegserkrankungen und oral übertragbaren Infektionen wie HPV entwickelt wurde. Dies erfolgt nach der Übernahme des globalen Patentportfolios von Intramont Technologies durch MangoRx am 24. April 2024.
Die Technologie verwendet eine oral verfügbare Lösung, die GALALCOOL®️, Zinkprotoporphyrin IX und ausgewählte Tannine enthält, um verschiedene Krankheitserreger zu hemmen. MangoRx und Intramont haben klinische Studien in Indien initiiert, um die Wirksamkeit der Formulierung zur Prävention von Atemwegserkrankungen nachzuweisen, wobei die Ergebnisse für dieses Quartal erwartet werden. Das Unternehmen erwägt außerdem, die Studien zur Behandlung von Bedenken wegen der Vogelgrippe auszudehnen.
- Received Certificate of Grant in India for respiratory illness and preventive care technology patent
- Patent valid until March 16, 2040, providing long-term protection
- Acquired comprehensive global patent portfolio from Intramont Technologies
- Initiated clinical trials in India to demonstrate efficacy in preventing respiratory illnesses
- Potential expansion of trials to address avian influenza concerns
- None.
Insights
The grant of this patent in India marks a significant milestone for MangoRx's global expansion strategy. The technology's potential to combat a wide range of infections, including respiratory diseases and HPV, could have far-reaching implications for public health. The 20-year patent protection until 2040 provides a substantial runway for commercialization.
The ongoing clinical trials with Vipragen Biosciences are particularly noteworthy. If successful, they could validate the efficacy of the GALALCOOL®️-based formulation against respiratory illnesses, potentially opening up a lucrative market in India, where respiratory diseases are prevalent. The possibility of expanding trials to include the H5N1 strain addresses a critical global health concern, given the recurring threat of avian influenza outbreaks.
However, investors should note that clinical trial outcomes are uncertain and success in trials doesn't guarantee market success. The competitive landscape and regulatory hurdles in India's pharmaceutical market will be important factors to monitor.
This patent grant strengthens MangoRx's intellectual property portfolio, potentially enhancing the company's long-term value. The Indian market, with its population of over 1.4 billion, represents a significant opportunity for revenue growth. However, it's important to note that the financial impact is not immediate and depends on successful commercialization.
Investors should consider that while the patent offers protection until 2040, the path to profitability may be long. R&D costs, clinical trial expenses and marketing investments could impact short-term financials. The company's ability to secure partnerships or licensing agreements in India could be important for monetizing this patent.
Additionally, the diversification into preventive care technology from MangoRx's core focus on men's health products represents both an opportunity and a risk. It could open new revenue streams but also requires careful resource allocation and management focus.
The Indian healthcare market presents a substantial opportunity for MangoRx. With a growing middle class and increasing health awareness, the demand for preventive care products is on the rise. The patent's coverage of common ailments like colds and respiratory diseases aligns well with consumer needs in India.
However, the market entry strategy will be crucial. India's pharmaceutical market is highly competitive, with strong local players and price-sensitive consumers. MangoRx will need to carefully consider its pricing and distribution strategies to gain traction.
The potential expansion into avian influenza prevention could be a game-changer, given India's vulnerability to such outbreaks. This could position MangoRx as a key player in public health initiatives, potentially leading to government contracts or partnerships.
Investors should watch for MangoRx's go-to-market plans in India and any partnerships with local healthcare providers or pharmacies, as these will be critical indicators of the company's ability to capitalize on this patent.
Dallas, Texas, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ: MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing, and selling a variety of men’s health and wellness products in the area of erectile dysfunction (ED), hair growth, weight loss, and hormone replacement therapies, is pleased to announce that it has received a Certificate of Grant and recordal of patent under section 43 of the Patents Act in respect of patent application no. 202117034253 with the Government of India, originally applied for by Intramont Technologies, Inc. (“Intramont”).
The duration of the patent granted in India is twenty (20) years from the effective filing date of the application, or until March 16, 2040.
This significant milestone follows MangoRx’s recent acquisition of the comprehensive global patent portfolio from Intramont Technologies. The Certificate of Grant covers the proprietary formulation and application methods designed to combat a wide range of infections, including common colds, respiratory diseases, and orally transmitted infections such as human papillomavirus (HPV). The US patent (Patent 11,517,523) was initially applied for by Intramont and subsequently acquired by MangoRx on April 24, 2024, further expanding the global protection for its groundbreaking preventive care technology.
Jacob Cohen, Co-Founder and CEO of MangoRx, expressed his enthusiasm about this achievement: “Receiving this Certificate of Grant in India is a critical step in our global strategy to protect and commercialize our innovative preventive care technology. It underscores our commitment to expanding our reach and providing advanced preventive care solutions to a broader audience. This patent not only fortifies our intellectual property but also paves the way for introducing our cutting-edge products to the market in India.”
The patented technology is designed to prevent illnesses acquired through the oral cavity and pharynx using an orally available solution, such as toothpaste, oral dissolvable tablets (ODT), lozenges, or mouthwash. The unique formulation features GALALCOOL®️, zinc protoporphyrin IX, and select tannins, which work synergistically to inhibit various pathogens, offering comprehensive protection against oral and respiratory infections.
In parallel with this patent grant, MangoRx and Intramont have initiated clinical trials for this technology, collaborating with Vipragen Biosciences in India. These trials aim to demonstrate the efficacy of the formulation in preventing respiratory illnesses, with results expected later this quarter. The study focuses on evaluating the technology’s prophylactic performance against select viral strains, including H1N1, with the potential to expand into further trials involving the H5N1 strain to address concerns related to avian influenza outbreaks.
This expansion aligns with MangoRx’s mission to enhance well-being through innovative health solutions. The Certificate of Grant in India joins an already robust portfolio of U.S. and international patents, including its recent patent grants in Australia and Japan, reinforcing MangoRx’s position of becoming a leader in the preventive health sector.
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 and hormone replacement therapies. 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 or on social media @Mango.Rx.
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, our ability to meet Nasdaq’s minimum bid price requirement and other continued listing requirements of Nasdaq; the Company’s stockholders’ equity as of the Company’s next fiscal quarter end, which is required to be above
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 three months ended March 31, 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.
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