Mangoceuticals rises on launch of women's telehealth brand

Mangoceuticals

20/02/2025 15:32

** Shares of telehealth company Mangoceuticals  MGRX.O ,
also known as MangoRx, rise as much as 9.8% to an over
five-month high of $6.15; last up 4.9% in morning trade
    ** Co says it is launching a women's telehealth brand called
PeachesRx, to focus on personalized wellness and GLP-1 weight
loss treatments 
    ** GLP-1 receptor agonists is a class of medication proven
to aid weight loss by regulating appetite and glucose metabolism
     ** Co aims to offer access by providing affordable and
medically supervised treatments via its telemedicine platform
    ** In the last 12 months, MGRX has risen ~31%

 (Reporting by Siddhi Mahatole)
 ((Siddhiprabhanjan.mahatole@thomsonreuters.com))