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Spectra Systems CEO Announces Major Contract with Central Bank for Sensor Manufacturing

Spectra Systems Corp

Spectra Systems Corporation CEO Nabil Lawandy joined Steve Darling from Proactive to share exciting news about the company’s latest achievement. Spectra Systems has secured a substantial contract valued at $37.9 million to manufacture sensors for an existing central bank customer. An additional tranche of $1.7 million is expected later this year upon the signing of the related manufacturing contract. This will bring the total sensor manufacturing revenues from the new contract to $39.6 million. Lawandy explained that revenue recognition for this contract will follow a standard cost accounting basis, with certain progress milestones related to expenditures. The bulk of the revenues from this contract are anticipated to be received from the first quarter of 2025 through the fourth quarter of 2027, with trailing manufacturing contract revenues of approximately $4.5 million extending until 2029. This manufacturing contract is expected to generate profits significantly higher than previously estimated over its term. The increased margins highlight the strong financial performance and strategic importance of this contract for Spectra Systems. Lawandy emphasized the significance of this contract, noting that it strengthens Spectra Systems’ position in the market and underscores the company’s capability to deliver high-quality sensor solutions to major clients. This deal is a testament to Spectra Systems’ commitment to innovation and excellence in sensor manufacturing, providing critical technology for central banking operations. The long-term nature of this contract also ensures a steady revenue stream for Spectra Systems, supporting its growth and profitability goals. With this new contract, Spectra Systems is well-positioned to continue its trajectory of success and deliver exceptional value to its stakeholders. Spectra Systems remains dedicated to advancing its technological capabilities and expanding its market reach, solidifying its reputation as a leader in sensor manufacturing and related technologies. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 18, 2024 10:29 AM Eastern Daylight Time

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Tonix Pharmaceuticals receives positive feedback from FDA on Tonmya™ for fibromyalgia management

Tonix Pharmaceuticals

Tonix Pharmaceuticals (NASDAQ:TNXP) CEO Dr Seth Lederman joined Steve Darling from Proactive to announce the receipt of formal minutes from a pre-New Drug Application (NDA) meeting with the US FDA regarding Tonmya sublingual tablets, which is aimed at managing fibromyalgia. This significant development marks a crucial step forward in the regulatory process for Tonmya™. During the meeting, both the company and the FDA concurred that the proposed data package is comprehensive and sufficient to support the NDA submission. Tonix Pharmaceuticals has reaffirmed its plan to submit the NDA for Tonmya to the FDA in the second half of 2024. If the submission proceeds as planned, it could pave the way for a potential FDA approval in the second half of 2025. Dr Lederman highlighted the promising potential of Tonmya to benefit fibromyalgia patients, a demographic that frequently expresses dissatisfaction with existing treatment options. Many patients currently resort to using off-label treatments, including addictive and detrimental opioids, due to the lack of effective alternatives. The positive outcomes from the pre-NDA meeting underscore the robustness and completeness of the data package that supports the registration of Tonmya for the management of fibromyalgia. Tonix Pharmaceuticals is optimistic about the impact that Tonmya could have on the fibromyalgia treatment landscape. The company's focus remains on advancing this promising therapy through the regulatory process and ultimately providing a new, effective option for patients struggling with this challenging condition. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

July 18, 2024 10:20 AM Eastern Daylight Time

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Traders Insurance Introduces New Part-Time Motor Trade Insurance Policies

Rev Up Marketers

Manchester, UK - Traders Insurance is pleased to announce the introduction of its new part-time motor trade insurance policies, specifically tailored for individuals who manage motor trade activities alongside other professional or personal commitments. This new offering marks a significant expansion in the company’s product portfolio, addressing a growing need in the market for flexible and comprehensive coverage options. The new part-time motor trade insurance policies are designed to support motor traders who engage in buying, selling, or repairing vehicles on a part-time basis. Recognizing the unique needs of these individuals, Traders Insurance has developed these policies to provide robust coverage while accommodating the varying scales of part-time operations. These policies also include options for home-based traders, ensuring that their activities are covered without affecting their standard home insurance. Traders Insurance remains committed to delivering solutions that are both practical and beneficial, meeting the specific requirements of part-time motor traders. For more information on the new part-time motor trade insurance policies, please visit the Traders Insurance website. Contact Details Traders Insurances Evan Wilkinson +44 161 543 4552 business@evansandlewis.co.uk Company Website https://www.traders-insurances.co.uk/

July 18, 2024 09:44 AM Eastern Daylight Time

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Style by Magda Launches Brand New Website Featuring Expanded Interior Design Services and Lifestyle Blog

Rev Up Marketers

Style by Magda, a brand celebrated for its fusion of classic elegance and contemporary trends, is excited to announce the launch of its newly redesigned website, stylebymagda.com. The updated site enhances user experience, spotlights Magda’s comprehensive interior design services, and features her popular blog covering fashion, beauty, travel, and interior design. A Fresh Digital Experience The new website represents a pivotal moment for Style by Magda, aiming to provide an engaging and user-friendly online environment. Visitors can easily navigate through the site to explore Magda’s diverse offerings and stay informed about the latest lifestyle trends. “I'm thrilled to unveil our brand new website, which aligns with our dedication to innovation and customer satisfaction,” said Magda Callery, Founder and Creative Director of Style by Magda. Expanded Interior Design Services The redesigned website prominently features an expanded section dedicated to interior design services. Potential clients can explore Magda’s range of offerings, including personalised consultations, project management, and bespoke solutions for both residential and commercial spaces. An interactive portfolio highlights previous projects, illustrating Magda’s unique ability to create stylish and functional environments. Magda’s Blog Magda’s blog has been a favourite among followers, and the new website enhances this experience. The blog covers a broad spectrum of topics including fashion, beauty, travel, and interior design, providing readers with expert advice, tips, and insights. Visitors can delve into articles about the latest fashion trends, travel destinations, beauty routines, and home decor ideas, all curated by Magda. Key Features of the New Website 1. Enhanced User Experience: The site boasts a sleek, modern design and improved navigation, ensuring a smooth browsing experience on both desktop and mobile devices. 2. Interactive Portfolio: The interior design section includes an interactive portfolio that showcases Magda’s work, offering inspiration and ideas for prospective clients. 3. Comprehensive Services: Detailed descriptions of interior design services, along with an easy-to-use contact form for consultation requests, simplify the process for clients to engage with Magda’s expertise. 4. Engaging Blog Content: The blog is regularly updated with articles that keep readers informed and inspired, featuring categories on fashion, beauty, travel, and interior design. 5. Secure Shopping Experience: For those looking to purchase Magda’s curated collections, the website offers a secure and convenient checkout process with multiple payment options. Commitment to Sustainability Style by Magda maintains a strong commitment to sustainability in both fashion and interior design. The website includes dedicated sections outlining the brand’s eco-friendly practices and ethical sourcing, encouraging customers to make conscious and responsible choices. Special Launch Promotions To celebrate the launch, Style by Magda is offering special promotions, including discounts on interior design consultations and selected products. New newsletter subscribers will also receive an exclusive welcome discount. About Style by Magda Founded by Magda Callery, Style by Magda combines timeless elegance with contemporary trends across fashion and interior design. Magda is renowned for her work at the Cross Keys in Newbury, from decorating the interior to transforming the beer garden with stunning upcycled cable reels. Explore the New Website Magda invites everyone to visit the newly redesigned website at stylebymagda.com to discover the expanded interior design services, enjoy engaging blog content, and shop the latest collections. Contact Details Style By Magda Magda Callery hello@stylebymagda.com Company Website https://www.stylebymagda.com

July 18, 2024 09:36 AM Eastern Daylight Time

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Avenue Z Promotes Nneka Etoniru to Executive Vice President of Global Brand Strategy

Avenue Z

Avenue Z, a media and technology company driving influence for clients across all channels, announces the appointment of Nneka Etoniru as its EVP, Global Brand Strategy. Etoniru brings nearly 15 years of experience in press and communications, helping clients elevate their brand positioning, navigate crises and manage their reputation. She has a track record of delivering successful campaigns and taking companies public from a communications perspective. With this appointment, she will oversee the full breadth of Brand Strategy across Avenue Z and offer strategic counsel to ultimately help clients increase revenue and protect their reputations. "Nneka has consistently demonstrated her ability to excel in high-stakes situations. From our initial strategic discussions, it was evident she would play a pivotal role in Avenue Z's expansion of services that drive influence across channels. During our recent unification, she took the lead in aligning our brand portfolio, and her expertise in Crisis Communications and Branding has become fundamental to our core competencies,” stated Jeffrey Herzog, Chairman and CEO of Avenue Z. “ Nneka's elevation to EVP of Global Brand Strategy is a natural progression and reflects her significant contributions to our organization." At Avenue Z, she is the head of the New York office, manages publicly listed companies and counsels visionary founders. Her clients include technology brands like Better.com, the mortgage lender with $100 billion of funded loans, where she has overseen campaigns such as the launch of the world’s first One Day Mortgage(™) as well as Equity Unlocker, which empowers Amazon employees to use equity as collateral for home buying. Her other clients have included Easterly Government Properties (NYSE: DEA), which acquires, develops and manages mission-critical commercial properties leased to the U.S. Government, and private equity firms like Recharge Capital, whose investments in women’s health include backers like Thiel, Shamrock Capital and the Olayan family office. “Our team is made better with Nneka’s impressive background,” says Jess Dalziel, Chief Client Officer at Avenue Z. "Her unique experience managing complex projects positions Avenue Z as matter experts across multiple industries, and her ability to provide our clients with strong strategic counsel will continue to set our offerings apart." Before joining Avenue Z, Etoniru was a Senior Director at FTI Consulting working with clients like Mastercard, Kraken, IFM Investors and Voyager Space. Previously, she led communications at fintech startups like IMTC, where she helped launch the rebrand of IMTC (formerly CBXmarket) with the CSO and COO and oversaw all PR and marketing streams. Prior to making her mark as a strategic communications expert, Etoniru was a financial journalist at REDD Intelligence, covering emerging markets. Etoniru earned a bachelor's degree in Political Science and Spanish from New York University and a Wharton certificate in fintech. In 2023, she was recognized among Crain’s Notable Leaders in Advertising, Marketing and PR award recipients. Avenue Z is a media and technology company breaking traditional boundaries between marketing, advertising and PR to increase client revenue and elevate their reputation. From the Wall Street Journal to TikTok, PR to social and search, we create narratives that drive commerce, connections, and conversion, across all channels. With experts, tech and teams based in New York, Boston, Orlando, Miami and global reach - we drive influence. Visit www.avenuez.com Contact Details Avenue Z Madeleine Worrall +1 817-808-1521 madeleine.worrall@avenuez.com Company Website https://avenuez.com/

July 18, 2024 09:16 AM Eastern Daylight Time

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Mercury/13 & F.C. Como Women Reimagines Women's Football with New Elevated Brand Identity Targeting Female Audience

500NewsWire

Lake Como, Italy, July 18th, 2024 - ( 500NewsWire ) -- Ahead of the start of the 24/25 Serie A Femminile Ebay season, F.C. Como Women, Mercury/13 ’s inaugural portfolio club, is thrilled to unveil its new brand identity. This game-changing rebranding effort, led by Communion Studio, aims to build F.C. Como Women into the world’s preeminent premium brand with a mission to captivate and inspire a global female audience. A New Era in Women’s Football Building a brand that transcends football and articulating a shared mindset that is easy to relate to, was fundamental. Being a woman playing professional football is a brave, and often impossible accomplishment of its own, and we believe it should be a symbol of resilience, celebration and acknowledgment of ambitious women aiming to achieve the impossible in other arenas, too. “This exciting brand unveil is in line with Mercury/13’ s mission to bring football to the other half of the world,” said Victoire Cogevina Reynal, co-founder and co-CEO of the club’s parent company. “I grew up loving football, but never felt it was built for me. A century later in football, this new brand is purpose-built for us. I hope the FCCW crest becomes a global emblem representative of the unimaginable things we can achieve as women despite the odds being stacked against us. Our players are a daily reminder of this, this club is a daily reminder of this… it's ultimately a shared feeling that transcends football”. From its inception, Mercury/13 proposed an innovative approach that breaks all the rules of a traditional football club. Women playing at the highest level of professional football begs for a fresh approach, and a tailored strategy. The new brand identity is designed to resonate with a female audience that values gender equality, acknowledging and celebrating a world where women are empowered. Andy Harvey, co-founder of Communion Studio: “ F.C. Como Women is a project we instantly wanted to work on, the ambitions and energy to make tangible change were so clear. We embraced the challenge of intentionally expanding the audience for football in one of the most fanatical parts of the world for the men's game by creating a brand that had crossover appeal, at home in Como, and in wardrobes of cool people following the club from anywhere.” The New Brand Identity “The new identity intentionally breaks from the past, and without a legacy, we become free to design a brand that only looks forward,” states Nancy Hensley who led the project for Mercury/13. New codes for a new chapter in the Women’s game. The colours were purposefully brought back to white and black, to purify and step away from the patterns and stripes that other Italian teams often adopt. The crest was inspired by conversations about the power of timeless monograms and symbols. Details in the design reference reflections on the lake and the textile weaving that the region is known for. Inspired by the storied past and iconic status of our home city of Como, F.C. Como Women stands as one of the only independent clubs in the Italian top flight. From our bold, fashion-inspired monogram to our classic block monochrome colours, our design dares to be different, creating new visual codes for the women's game. Brand Truths We play with heart and humility. Our players deliver passion-fueled performances with an uncharacteristic humility that is rare in professional athletes. An underdog with main character energy. Every time we step on a field, we are by definition the challenger, but that doesn’t stop us from showing up ready to fight for our spot. We are legacy-makers carving our own path. In a league filled with century-old football heritage, we proudly represent the future of the women’s game, redefining what's possible every day. Our dreams transcend football. This is more than just a football club; it’s a symbol of recognition and celebration of women who dare to do the impossible. The Power of Partnership We are big believers in building partnerships where we see a natural alignment of values. As one of the only women’s football clubs in Italy, we represent the future and want to build on an ambitious vision that has been resonating with many potential sponsors (national and international). We have thoughtfully approached the market with a new perspective seeking founding partners, not just sponsors - structuring our commercial packages to reflect this new model. Brands that have been a natural fit are predominantly in the beauty and fashion realm, a sector that has only recently seen the opportunity in women’s sports. These sectors have historically serve a female audience, and through this type of partnership they see an opportunity to walk the talk by empowering women on a whole other level. Later this summer we will be announcing our technical sponsor and several other partners that have already committed to the club, in search for a brighter, better future. To our fans, old and new Starting this month, fans will encounter a new website and redesigned social media channels that reflect this new identity. For more information, please visit our website at www.comowomen.it or contact us at press@mercury13.com ++ About F.C. Como Women S.S.D F.C Como Women was founded in 2020 by President Stefano Verga under the sporting title of Riozzese Como. However, the roots of women's football in Como trace back to 1997 with the establishment of Como 2000, evolving into A.C.F. Como. In 2020, they couldn’t register for the championship, opening the door for the new Riozzese Como, the club became the current F.C. Como Women and went on to secure every category promotion until achieving a historic jump to Serie A, the female Italian first division, in 2021/22. This notable achievement coincided with the inaugural season of professionalism in Italian women's football. Now, F.C. Como Women stands as one of the only independent women’s football teams in the Serie A Femminile. In addition to the first team's success, FC Como Women encompasses a thriving youth academy, including U19, U17, U15, U12, and U11 categories. In March of 2024, in a landmark deal, Mercury/13 - a women’s football multi-club ownership group led by Victoire Cogevina Reynal and Mario Malavé - acquired a controlling stake in F.C. Como Women, partnering with club to write a new chapter in Women’s Football. About Mercury/13 Mercury/13 is a multi-club ownership group focused on acquiring controlling stakes in professional women's football teams in Europe. The group aims to invest 100 million dollars in women’s football over the coming years. The vision is to become the industry standard of women’s football ownership, by identifying and investing in the next decade’s super clubs and fueling their commercial power to attract a massive, yet underserved, market: women. The group's acquisition strategy is based on the fundamental principle that women's football is a different game, and fans want a different experience. Led by Victoire Cogevina Reynal and Mario Malavé the group is made up of seasoned executives with successful track records in sport, investment, and technology. The founding team is positioned with unique backgrounds, experience, and skills to become the main player in this space: Luis Vicente, former FIFA Chief Innovation Officer, Eniola Aluko MBE, ex Chelsea & England National Team and former founding Sporting Director of Aston Villa women & Angel City FC, Nancy Hensley former CPMO, Stats Perform and CDO, IBM, Ebru Koksal, former CEO and Board Member of Turkish football club Galatasaray’s and currently the chair of Women in Football, Michael Broughton who co-founded Sports Innovation Partners and has over 22 years of sports experience with deep expertise in media and operations. As well as Brigit Lee, a tech executive currently with Sony PlayStation and formerly at Amazon and Best Buy, with 25 years of experience working forging strategic partnerships and develop new, innovative commercial business models. About Communion Studio COMMUNION is a creative partner to brands that want to bring inspirational change into the world. Having built brands and innovative experiences for global powerhouses like Burberry, Apple, Nike, and Smythson and launched several startups, they chose to create a studio with a single, compelling purpose: to work only with brands that want to create radically positive futures. Their approach is purpose-led and partnership-driven. Working closely with the brands’ leadership and teams they build culturally aware strategies that move the brand into new territories and help them become good ancestors, which they realise through beautiful design, innovative storytelling, and campaigns. Founded by Andy Harvey who was a key part of the Burberry brand and digital reinvention and has led creative teams at some of London’s most admired studios, the team is a true communion of creative industry talent. Client partnerships are headed by Alex Woolfe, who builds on the campaign and brand delivery expertise for Aman, Expedia, and Zegna. The design team is headed by Fred Ross, who has led work with Nike, Fondation Chanel, On, and Red Bull Music. Creative strategy is headed by Ally Tyler, who has led impactful strategies for Spotify, Netflix, Gucci, YOOX Net-a-Porter Group, Nike, Adidas and McLaren. The studio works with ZEGNA (who they have partnered with since 2021 on brands transformation and storytelling, such as their Born In Oasi Zegna platform, Zegna x Norda partnership, and campaigns with icons like Mads Mikkelsen), Rosewood Hotels, with who they are partnering with on a complete brand reinvention (touching everything from purpose, digital channels, identity, campaigns and experience) — as well as a roster of clients ranging from global fashion houses, purpose-led lifestyle innovators to cultural institutions. ASSETS: https://drive.google.com/drive/u/0/folders/1Pl3MVxLbWxQml-re7dqQVJxB8bzJgL1J Contact Details Mercury/13 press@mercury13.com

July 18, 2024 09:00 AM Eastern Daylight Time

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Benchmark International Unveils the 2024 Global Business Services Industry Report

Benchmark International

Benchmark International, a leader in the mergers and acquisition (M&A) industry, is excited to announce the release of its 2024 Global Business Services Industry Report. This comprehensive report offers valuable insights and analysis of the rapidly evolving business services sector, catering to stakeholders and industry professionals worldwide. As the business services industry adapts to new technologies, market demands, and regulatory changes, Benchmark International's latest report provides an in-depth examination of these trends, delivering critical information to help companies navigate this dynamic landscape. Key Highlights of the 2024 Business Services Industry Report: Market Overview: Detailed insights into market size, growth trajectories, and segment performance across various regions within the business services sector. Technological Advancements: Exploration of emerging technologies such as artificial intelligence, automation, and cloud computing that are transforming business services. Regulatory Landscape: Analysis of significant regulatory changes and their implications for businesses, emphasizing compliance and strategic adaptation. M&A Trends: Comprehensive review of recent mergers and acquisitions, spotlighting key transactions and strategic movements within the industry. Future Projections: Forward-looking analysis and forecasts, equipping industry professionals with the knowledge to make informed strategic decisions. This report demonstrates Benchmark International's commitment to providing high-quality, actionable insights. It is set to become a crucial resource for executives, investors, and professionals in the business services industry. For more information and to access the 2024 Global Business Services Industry Report, please visit https://www.benchmarkintl.com/insights/market-insights/2024-global-business-services-industry-report/. ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 18, 2024 09:00 AM Eastern Daylight Time

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Forum Health Breaks into Denver Market with Acquisition of Concierge Functional and Regenerative Medicine Practice

Forum Health

Forum Health, LLC, a nationwide network of integrative and functional medicine providers and a pioneer in personalized healthcare, is expanding into a leading wellness-focused city with its acquisition of RevolutionaryMD in Denver, CO. Learn more about RevolutionaryMD. Renowned for its proclivity for health and wellness and prestigious medical research institutions, Denver is the ideal setting for a clinic rooted in personalized, cutting-edge healthcare. Phil Hagerman, Forum Health CEO: “Dr. Grover’s development of his revolutionary functional, regenerative, and anti-aging medical center aligns perfectly with the Forum Health clinic model, making this expansion a natural fit. His thirty years of success and expertise in central Denver is invaluable as we expand to a new state, enhancing the practice’s availability and offerings for wellness-focused patients.” The founder of RevolutionaryMD center in Cherry Creek North, Fred Grover, Jr., MD, is a Board-Certified Family Physician with training and certifications in Integrative, Functional, and Anti-Aging Medicine. He brings a wealth of experience and expertise to Forum Health's expanding network. Fred Grover Jr., MD, RevolutionaryMD Founder: “I’m excited to join Forum Health and grow our services and availability to help patients find a proactive approach to healthcare. We embrace the future of medicine by offering a robust preventative care model to treat the root cause of chronic conditions.” In addition to traditional testing, RevolutionaryMD offers genomic panels, advanced cardiovascular and cancer screening, inflammatory, and nutritional testing. It also employs AI for precise, personalized recommendations, moving beyond the depersonalized, often suboptimal outcomes of standard allopathic medicine. RevolutionaryMD has pioneered the concierge approach of functional medicine, advancing personalized healthcare with the latest treatments in: Anti-Aging and Regenerative Medicine for Improved Healthspan and Lifespan Bioidentical Hormone Replacement Therapy and Restoration Sexual Health and Wellness Aesthetic Dermatology Mind and Body Balancing Through Brain Health Modalities Integrated Ketamine and Sound Therapy for Depression IV Therapy for Post-COVID Syndrome, Inflammation and Healthy Mitochondrial Function Dr. Grover's dedication to functional and integrative medicine is evident in his role as an assistant clinical professor at the University of Colorado, Denver, his Board Certifications in Anti-Aging and Integrative Holistic Medicine, and his authorship of "Spiritual Genomics" and "Awakening Gaia." About Forum Health, LLC Forum Health, LLC is a nationwide provider of personalized healthcare steeped in the powerful principles of functional and integrative medicine. Our providers take a root-cause approach to care exploring lifestyle, environment, and genetics to help each patient achieve their ultimate health goals. Members have access to advanced medical treatments and technology, with care plans informed by data analytics and collaborative relationships. For more, visit www.forumhealth.com. Contact Details Britt Wittelsberger +1 410-852-0738 bwittelsberger@forumhealth.com Company Website https://forumhealth.com

July 18, 2024 08:50 AM Eastern Daylight Time

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Say Goodbye To Inconvenient TRT: Meet The Game-Changing Oral Testosterone Treatment - PRIME By MangoRx

Benzinga

By Meg Flippin, Benzinga Many men aim to improve their athletic performance, increase their energy, and sharpen their cognitive skills. Overall, men usually seek to sustain better moods, enhanced sexual health, and vitality. However, for many men over the age of 40, achieving these goals can be challenging due to low testosterone levels. Low testosterone is a condition that impacts millions of men around the globe, with 2.9% of males over 40 and 3.75% of males over 60 being prescribed some form of testosterone replacement therapy (TRT) to improve their libido, energy and mood. That represents a significant portion of the population, with others possibly needing the therapy but not yet using it. The market size for TRT is projected to reach $2.9 billion by 2032, growing at a CAGR of 4.2%. TRT Doesn't Need To Be A Pain In The Butt Currently, available TRT treatments require several sessions of injections, applying messy gels and creams, or having pellets inserted under your skin, all of which can be uncomfortable, embarrassing, inconvenient and quite frankly, an all-out pain in the butt. MangoRx is looking to change the game and give men an alternative method to improve their health without all the discomfort. Mangoceuticals, Inc. (NASDAQ: MGRX), a men’s health and wellness telemedicine company behind the popular erectile dysfunction pill Mango (think “Man-Go”), is shaking things up with a newly FDA-approved Oral Testosterone Replacement Therapy called Prime powered by Kyzatrex®. Prime powered by Kyzatrex® is clinically proven to restore testosterone to healthy levels. Just two oral doses a day with food is as effective and less messy or painful than traditional creams or injections. The company says its lymphatic absorption pathway minimizes liver impact, and its formulation is not affected by dietary or alcohol intake, offering consistent absorption. So you get all of the gains without the pains. Prime is one of the few drugs that can claim to be an oral testosterone replacement therapy. The company is marketing it to males who are on another form of TRT treatment including injectables or pellets and those experiencing common symptoms associated with low testosterone and seeking immediate TRT treatment. And just like taking Prime, the ordering process is painless too. Prime requires a prescription, but obtaining it is straightforward through MangoRx’s easy-to-use telemedicine platform. After completing an online telehealth visit, one of its network of medical providers will review and determine the dosage and strength that is appropriate. Combined with a low price of $224/month, this uncomplicated process appeals to the product’s customer base, which is growing. Additionally, Prime offers significant value to Mangoceuticals through strong customer retention and recurring revenues. Once men begin TRT, they tend to remain on it long-term, if not for life, which may provide consistent and predictable revenue streams for the company. Sales in MangoRx’s first quarter rose by 108%. The Science Speaks For Itself KYZATREX, the active ingredient in Prime, is a clinically tested oral testosterone, demonstrated to be up to 96% effective in restoring testosterone levels, reports MagonRx. In a six-month clinical trial of 139 men with low testosterone, 88% had healthy testosterone levels at day 90. The formula’s design provides a more balanced hormonal profile without the fluctuations typical of injectable therapies. Prime does not contribute to increased blood viscosity—a common issue with testosterone injections—thereby reducing the risk of erythrocytosis and eliminating the need for blood donation as part of treatment management, reports MangoRX. The immediate oral testosterone undecanoate found in Prime offers additional specific benefits. Its convenient administration method eliminates the need for needles, messy creams, and frequent, sometimes painful, trips to the doctor. This non-invasive approach reduces the risk of infections and discomfort associated with injections. The oral formulation is absorbed via the lymphatic system, improving bioavailability and resulting in fewer liver issues compared to other oral testosterone forms. It also provides stable hormone levels, which can lead to consistent testosterone levels with potentially less aromatization to estrogen, which historically, has been a concern of those seeking TRT. The flexible dosing allows for easier adjustments to meet individual needs. Enhanced well-being, muscle mass, and strength, improved bone density, and better libido and sexual function are among the many advantages, the company says. Achieving Overall Vitality Beyond all the medical breakthroughs and innovative delivery systems, Prime checks all the boxes in achieving a better quality of life for men. According to MangoRX, Prime offers a range of benefits including increasing endurance, strength, energy levels, and overall physical capabilities. The TRT also improves mood, reduces mood swings, improves mental clarity, and enhances focus and cognitive performance. On top of all that, Prime's formulation helps regulate and balance crucial hormone levels, offering holistic health benefits. By positively impacting testosterone levels, Prime contributes to a holistic approach to health, vitality, and overall well-being, the company says. Low testosterone is a common condition that can be treated, although the options available today can be uncomfortable. Prime changes that with the first oral treatment. For men looking to step up their game, there's a new player in town who is delivering. Featured photo by Ivanko80 on Shuttershock Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 18, 2024 08:30 AM Eastern Daylight Time

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