Mangoceuticals Subsidiary, MangoRx Mexico, Executes Technical Agreement with Mexican Pharmaceutical Manufacturer for Initial Development and Production of its Mango Erectile Dysfunction (ED) Products - Seite 2

In addition, achieving the COFEPRIS certification is anticipated to offer additional advantages for further expanding sales of MangoRx products internationally into other large and growing Latin American markets that offer ED medications as OTC products. Specifically, COFEPRIS is recognized in the following additional countries: Columbia, Ecuador, El Salvador, Chile, Costa Rica and Panama.

Efi Karchmer, President of MangoRx Mexico stated, “after visiting, interviewing, and negotiating with many different pharmaceutical manufacturing companies over the past several months, we are very excited about our decision to partner with Emifarma in this endeavor. Each of Emifarma’s facilities has its own warehousing of both raw materials and finished products, a dedicated quality lab as well as full capability for packaging such as blisters, packets, envelopes, and secondary packaging such as boxes, bags, pouches, and trays which gives them a lot of flexibility and along with their proactiveness and out of the box thinking makes them an ideal partner. We have no doubt that Emifarma will be able to provide us with the production, manufacturing, and quality that we need as we work to scale our business in the Mexico and other Latin American countries.”

According to a recent market study and analysis report conducted by Groupo Knobloch, the estimated annual market size in Mexico for ED pharmaceutical products is USD $216 million with approximately 24 million units sold annually, which market is estimated to be growing at a rate of 4% per year at an average sales price of USD $8.50 per unit.

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.