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IGC Pharma, Inc. - IGC STOCK NEWS

Welcome to our dedicated page for IGC Pharma news (Ticker: IGC), a resource for investors and traders seeking the latest updates and insights on IGC Pharma stock.

IGC Pharma, Inc. (IGC) is at the forefront of developing innovative phytocannabinoid-based therapies aimed at treating a wide range of therapeutic indications. The company is involved in cutting-edge research to develop treatments for conditions such as neuropathic and cancer pain, epilepsy, and chronic neurological and oncological diagnoses, which can be life-altering or life-threatening. The mission of IGC Pharma is to alleviate pain, PTSD, seizures, cachexia, and other severe conditions through advanced cannabinoid-based formulations.

One of the primary focuses of IGC Pharma is to combat Alzheimer's disease. The company has developed two investigational drug assets, IGC-AD1 and TGR-63, that have shown potential in reducing key hallmarks of Alzheimer's, such as plaques and tangles, in cell line studies. IGC-AD1, a low-dose tetrahydrocannabinol-based formulation, is currently undergoing a Phase 2 clinical trial involving 146 participants to evaluate its efficacy in treating agitation in dementia due to Alzheimer's.

Beyond Alzheimer's treatment, IGC Pharma also addresses women's health through its wellness brand Holief, which provides relief for premenstrual syndrome and menstrual cramps. This diversified approach highlights the company’s commitment to improving quality of life across various patient demographics.

IGC Pharma's innovative research and development are complemented by strategic partnerships and a robust product portfolio, which collectively enhance its market presence and potential for growth.

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IGC Pharma announced that CEO Ram Mukunda and CCO Claudia Grimaldi will participate in a fireside chat hosted by Ascendiant Capital Markets on June 27, 2024, at 12:00 pm ET. They will discuss recent achievements and upcoming milestones. IGC Pharma focuses on developing treatments for Alzheimer's disease with a pipeline that includes five drug candidates. Notably, IGC-AD1 is in Phase 2 clinical trials targeting agitation in dementia associated with Alzheimer's, while other candidates like TGR-63, IGC-M3, and IGC-1C are in preclinical stages. The company also leverages AI for Alzheimer's research.

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IGC Pharma announced a new study published in the European Society of Medicine Journal examining the impact of CYP2C9 genetic polymorphisms on the pharmacokinetics of delta-9-tetrahydrocannabinol (THC) in Alzheimer's patients. The study, conducted with Puerto Rican participants, revealed significant variations in THC metabolism among different genetic profiles, underscoring the importance of personalized medicine.

IGC is currently in Phase 2 trials of IGC-AD1, a THC-based drug candidate aimed at treating agitation in Alzheimer's patients. The research aligns with IGC's commitment to include underrepresented populations and develop innovative treatments. CEO Ram Mukunda and lead scientist Dr. Jagadeesh S. Rao highlighted the study's importance for personalized dosing strategies in Alzheimer's care.

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IGC Pharma has commenced patient enrollment at Neurostudies in Port Charlotte, Florida, for its Phase 2 clinical trial of IGC-AD1, a THC-based formulation aimed at treating agitation in Alzheimer's patients. The trial, involving 146 participants, will assess the efficacy of IGC-AD1, which targets neuroinflammation and neurotransmitter imbalances. Neurostudies, led by Dr. Liliana Montoya and Dr. George Li, brings over 20 years of clinical research experience.

Two patients were enrolled in May 2024, marking a significant milestone for IGC Pharma. The company has 11 more trial sites under contract in the U.S. and Canada. Ram Mukunda, CEO of IGC Pharma, emphasized the company's commitment to advancing Alzheimer's therapies. IGC Pharma's pipeline includes five drug candidates aimed at different aspects of Alzheimer's pathology.

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IGC Pharma will participate in the BIO International Convention at the San Diego Convention Center from June 3-6, 2024. The company intends to explore partnerships and strategic opportunities for its Alzheimer's disease therapies, including cannabinoid-based IGC-AD1 and amyloid-beta targeting TGR-63. IGC-AD1 is in Phase 2 clinical trials for agitation in dementia associated with Alzheimer’s, while TGR-63 aims to disrupt Alzheimer’s progression by targeting Aβ plaques. IGC Pharma's pipeline also includes IGC-M3 and IGC-1C, both in preclinical stages, focusing on Aβ plaques and tau protein, respectively. Additionally, the company leverages AI for research in Alzheimer's.

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IGC-AD1's interim Phase 2 data shows a reduction in Alzheimer's agitation at week two, with a clinically significant reduction in agitation compared to placebo. The study achieves the secondary endpoint, demonstrating promising results in treating agitation in dementia due to Alzheimer's.
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IGC Pharma, Inc. announces the addition of Dr. Pablo Arbelaez, an AI expert, to support the Phase 2 clinical trial of IGC-AD1 targeting agitation in Alzheimer's disease. The trial showed significant reduction in agitation, indicating strong therapeutic potential. Dr. Arbelaez will use AI to analyze disease signatures for personalized medicine, enhancing early detection methods for Alzheimer's disease.
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IGC Pharma, Inc. (NYSE American: IGC) secures a $3 million strategic investment from Bradbury Asset Management, supporting the development of investigational medicines like IGC-AD1. The investment involves issuing 8,823,529 shares of common stock.
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IGC Pharma, Inc. announces positive interim results for IGC-AD1 in treating Agitation in dementia from Alzheimer’s Disease. The Phase 2 trial shows a significant reduction in agitation compared to placebo, with a Cohen’s d effect size of 0.66 and LS mean difference of -10.45. IGC-AD1 demonstrates potential as a transformative therapeutic option with a large market opportunity.
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IGC Pharma, Inc. announced CEO Ram Mukunda and VP Claudia Grimaldi's participation in a fire chat at Benzinga Virtual Healthcare Summit 2024. The company is making strides in Alzheimer's research with its novel therapy candidate IGC-AD1, moving from pre-clinical studies to phase two trials.
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IGC Pharma appoints Terry Lierman as independent director, bringing extensive healthcare experience to advance Alzheimer's disease treatments. Mr. Lierman's background in health care and strategic guidance will benefit the Company's Phase 2 trial for IGC-AD1 and preparation for TGR-63 Phase 1 trial.
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FAQ

What is the current stock price of IGC Pharma (IGC)?

The current stock price of IGC Pharma (IGC) is $0.3541 as of September 27, 2024.

What is the market cap of IGC Pharma (IGC)?

The market cap of IGC Pharma (IGC) is approximately 22.9M.

What is the main focus of IGC Pharma, Inc.?

IGC Pharma focuses on developing phytocannabinoid-based therapies for various severe conditions, including neuropathic pain, Alzheimer's disease, and chronic neurological diagnoses.

What are IGC Pharma's key investigational drug assets for Alzheimer's?

IGC Pharma's key investigational drugs for Alzheimer's are IGC-AD1 and TGR-63, which have shown promise in reducing Alzheimer's biomarkers in cell line studies.

What is the status of IGC-AD1?

IGC-AD1 is in a Phase 2 clinical trial with 146 participants, aimed at evaluating its efficacy in treating agitation in dementia due to Alzheimer's.

Does IGC Pharma have products targeting women's health?

Yes, IGC Pharma markets the Holief brand, which targets women experiencing premenstrual syndrome and menstrual cramps.

What conditions does IGC Pharma aim to treat with its therapies?

IGC Pharma aims to treat conditions such as pain, PTSD, seizures, cachexia, Alzheimer's disease, and other chronic and terminal neurological and oncological diagnoses.

How does IGC Pharma contribute to Alzheimer's research?

IGC Pharma contributes through its development of IGC-AD1 and TGR-63, which target key hallmarks of Alzheimer's disease, such as plaques and tangles.

What is the mission of IGC Pharma?

The mission of IGC Pharma is to treat severe and life-altering conditions using advanced cannabinoid-based formulations.

What is the significance of IGC's research on neuropathic and cancer pain?

IGC's research aims to provide effective phytocannabinoid-based therapies for managing neuropathic and cancer pain, improving patient quality of life.

Does IGC Pharma have any products in the wellness market?

Yes, IGC Pharma's wellness brand Holief targets women suffering from premenstrual syndrome and menstrual cramps.

What makes IGC Pharma unique in the biotech industry?

IGC Pharma's unique approach lies in its focus on phytocannabinoid-based therapies, targeting a wide range of severe conditions, and its diverse product portfolio including wellness products.

IGC Pharma, Inc.

NYSE:IGC

IGC Rankings

IGC Stock Data

22.90M
66.81M
7.92%
21.66%
1.55%
Biotechnology
Pharmaceutical Preparations
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United States of America
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