IGC Pharma Announces Publication of IMS Spotlight Interview Highlighting Strategic Expansion in Alzheimer’s and Weight Loss Therapies

Rhea-AI Summary

IGC Pharma announces the publication of an interview with CEO Ram Mukunda in the IMS Spotlight Series. The interview highlights the company's strategic expansion into metabolic and neurological markets, focusing on GLP-1 agonists for both Alzheimer's and weight loss therapies. Mukunda discusses updates on IGC-AD1, their lead candidate currently in Phase 2 trials for treating agitation in Alzheimer's dementia, which is advancing toward additional trials for potential disease-modifying treatment. The company emphasizes its use of artificial intelligence to diversify its pipeline across neurodegenerative and metabolic disorders.

Positive

• Lead candidate IGC-AD1 progressing in Phase 2 trials for Alzheimer's agitation
• Strategic expansion into additional therapeutic areas (weight loss)
• Potential for IGC-AD1 as a disease-modifying treatment for Alzheimer's

Negative

• None.

POTOMAC, MD / ACCESSWIRE / November 6, 2024 / IGC Pharma, Inc. (NYSE American:IGC) ("IGC Pharma" or the "Company") is pleased to announce the publication of a new interview with CEO Ram Mukunda, now available as part of the IMS Spotlight Series.

In the interview, Ram Mukunda discusses IGC's strategic expansion into metabolic and neurological markets, specifically addressing the potential of GLP-1 agonists in both Alzheimer's and weight loss therapies. Mukunda also provides updates on IGC Pharma's lead candidate, IGC-AD1, which is currently in Phase 2 trials for treating agitation in Alzheimer's dementia and is progressing toward additional trials to explore its potential as a disease-modifying treatment.

The interview underscores IGC's approach to leveraging artificial intelligence to diversify its pipeline, targeting both neurodegenerative and metabolic disorders to maximize patient impact.

To read the full interview, please visit: Expanding Our Portfolio: IGC Pharma's Strategic Growth in Alzheimer's and Weight Loss Therapies

About IGC Pharma (dba IGC):

IGC Pharma is an AI-powered, clinical-stage biotechnology company focused on developing innovative treatments for Alzheimer's disease and transforming patient care with fast-acting, safe, and effective solutions. Our portfolio includes the TGR family, including TGR-63, which targets amyloid plaques, a hallmark of Alzheimer's. The IGC-C and IGC-M platforms are advancing in preclinical studies, focusing on metabolic disorders, tau proteins, early plaque formation, and multiple disease hallmarks. Our lead therapeutic candidate, IGC-AD1, is a cannabinoid-based treatment currently in a Phase 2 trial for agitation in dementia associated with Alzheimer's (clinicaltrials.gov, NCT05543681). Clinical data for IGC-AD1 demonstrated that it has the potential to transform patient care by offering faster-acting and more effective relief compared to traditional medications. Additionally, our AI models are designed to predict potential biomarkers for the early detection of Alzheimer's, optimize clinical trials, and predict receptor affinity, among others. With 28 patent filings and a commitment to innovation, IGC Pharma is dedicated to advancing pharmaceutical treatments and improving the lives of those affected by Alzheimer's and related conditions.

Forward-looking Statements:

This press release contains forward-looking statements. These forward-looking statements are based largely on IGC Pharma's expectations and are subject to several risks and uncertainties, certain of which are beyond IGC Pharma's control. Actual results could differ materially from these forward-looking statements as a result of, among other factors, the Company's failure or inability to commercialize one or more of the Company's products or technologies, including the products or formulations described in this release, or failure to obtain regulatory approval for the products or formulations, where required, or government regulations affecting AI or the AI algorithms not working as intended or producing accurate predictions; general economic conditions that are less favorable than expected; the FDA's general position regarding cannabis- and hemp-based products; and other factors, many of which are discussed in IGC Pharma's U.S. Securities and Exchange Commission ("SEC") filings. IGC incorporates by reference its Annual Report on Form 10-K filed with the SEC on June 24, 2024, and on Form 10-Q filed with the SEC on August 7, 2024, as if fully incorporated and restated herein. Considering these risks and uncertainties, there can be no assurance that the forward-looking information contained in this release will occur.

Contact Information:

Rosalyn Christian / Walter Frank
IMS Investor Relations
igc@imsinvestorrelations.com
(203) 972-9200

SOURCE: IGC Pharma, Inc.

View the original press release on accesswire.com

FAQ

What is IGC Pharma's lead drug candidate IGC-AD1 currently being tested for?

IGC-AD1 is currently in Phase 2 trials for treating agitation in Alzheimer's dementia patients.

What new therapeutic areas is IGC Pharma (IGC) expanding into?

IGC Pharma is strategically expanding into metabolic and neurological markets, specifically targeting GLP-1 agonists for both Alzheimer's and weight loss therapies.

How is IGC Pharma (IGC) diversifying its drug pipeline?

IGC Pharma is leveraging artificial intelligence to diversify its pipeline, targeting both neurodegenerative and metabolic disorders.