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Stock impact report

Mangoceuticals, Inc. Completes Acquisition of Mushroom-Based Wellness and Innovations Patent [Yahoo! Finance]

Mangoceuticals, Inc. (MGRX) 
Company Research Source: Yahoo! Finance
Mangoceuticals, Inc. has acquired a patent for mushroom-derived compositions and methods of treatment, expanding its intellectual property portfolio. The patent covers nutraceutical compositions from functional mushrooms like Cordyceps, Reishi, and Lion's Mane, which offer various health benefits. The company plans to leverage this patent to develop a new line of wellness products, including dietary supplements and functional foods, targeting immune support, cognitive enhancement, stress resilience, and weight management. This move aligns with the growing demand for natural health solutions and the expanding global nutraceutical market, which is projected to reach $48.59 billion by 2029. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Mangoceuticals, Inc. Dallas, TX, Dec. 19, Show less Read more
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