STOCK TITAN

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.

About IGC Pharma Inc.

IGC Pharma Inc. (NYSE American: IGC) is a clinical-stage biotechnology company at the forefront of developing innovative, cannabinoid-based therapies for complex medical conditions, including Alzheimer's disease, chronic pain, and other neurological and oncological disorders. Leveraging advanced artificial intelligence (AI) and deep learning technologies, IGC Pharma is pioneering treatments that address critical unmet medical needs while transforming patient care with fast-acting, safe, and effective solutions.

Core Pharmaceutical Innovations

IGC Pharma's flagship therapeutic candidate, IGC-AD1, is a cannabinoid-based formulation currently undergoing Phase 2 clinical trials to treat agitation in dementia associated with Alzheimer's disease. This investigational drug targets key Alzheimer's disease hallmarks such as amyloid plaques, tau tangles, and neuroinflammation, offering a dual-action mechanism that sets it apart from traditional medications. IGC-AD1 has demonstrated potential for faster-acting and more effective relief in interim data, positioning it as a promising candidate in Alzheimer's treatment. Additionally, the company is advancing its TGR family of compounds, including TGR-63, which has shown the ability to cross the blood-brain barrier and target amyloid plaques, a hallmark of Alzheimer's pathology.

AI-Driven Research and Development

IGC Pharma integrates cutting-edge AI technologies into its drug discovery processes. Its AI models are designed to predict potential biomarkers for early Alzheimer's detection, optimize clinical trials, and enhance receptor affinity predictions. This innovative approach not only accelerates the drug development timeline but also ensures precision in targeting complex disease pathways. The company's AI-driven initiatives have garnered recognition, including awards from the National Institute on Aging's PREPARE Challenge for advancements in early Alzheimer's prediction.

Expansion into the Wellness Market

Complementing its pharmaceutical endeavors, IGC Pharma operates Holiby™, a wellness brand offering scientifically formulated products targeting immunity, energy, and anti-aging. The brand's product lines, such as Immunity Gummies and Longevity Gummies, are designed to meet the growing consumer demand for natural, effective health solutions. By leveraging its state-of-the-art manufacturing facilities, originally established for pharmaceutical production, IGC Pharma creates operational efficiencies while generating near-term revenue through direct-to-consumer sales, white-label partnerships, and digital marketing strategies.

Strategic Positioning and Industry Impact

Operating at the intersection of biotechnology, AI, and wellness, IGC Pharma is uniquely positioned to address both immediate consumer health needs and long-term therapeutic challenges. With 32 patent filings and a robust clinical pipeline, the company demonstrates a strong commitment to innovation and patient care. Its dual focus on pharmaceuticals and wellness products not only diversifies its revenue streams but also enhances its resilience in a competitive market landscape.

Commitment to Innovation and Patient Care

IGC Pharma's mission extends beyond drug development to improving the quality of life for patients and caregivers. By addressing critical conditions such as Alzheimer's-related agitation and advancing early detection methods, the company aims to alleviate the emotional and economic burdens associated with these diseases. Its holistic approach, combining pharmaceutical innovation with wellness solutions, underscores a commitment to transforming healthcare outcomes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
Tags
-
Rhea-AI Summary
IGC Pharma secures $12 million revolving line of credit for Alzheimer's research. The line of credit will support IGC's working capital needs, with the ability to draw up to $1 million within 30 days. Bradbury Asset Management collateralized cash assets in support of the line of credit. IGC-AD1, a potential treatment for agitation in dementia due to Alzheimer's, is currently in Phase 2 clinical trials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.24%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary

IGC Pharma, Inc. (NYSE American:IGC) has announced its participation in the Planet MicroCap Showcase: VEGAS 2023, scheduled for April 26, 2023, at 4:30 PM PDT. CEO Ram Mukunda and CFO Claudia Grimaldi will present and engage in a Q&A session following the presentation.

Investors can access the live presentation via webcast here. Registration for 1x1 investor meetings at the event is available here. The showcase aims to enhance awareness about MicroCap investments.

IGC Pharma focuses on cannabinoid-based formulations for various medical conditions, including Alzheimer’s disease and PMS. The company is currently conducting a Phase 2 clinical trial for its drug IGC-AD1 targeting agitation in Alzheimer’s patients.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
none
-
Rhea-AI Summary

India Globalization Capital, Inc. (IGC) reported impressive third fiscal quarter 2023 results, with net revenue soaring 133% to $332,000 year-over-year, driven by its life science segment. The company is advancing its Phase 2 clinical trial for IGC-AD1, targeting agitation in dementia due to Alzheimer’s, expanding sites from four to up to 12 to enhance enrollment. The trial aims to involve 146 patients and establish efficacy over six weeks. R&D expenses rose to $806,000 due to increased trial activities, while SG&A expenses decreased to $1.5 million. Despite a net loss of $2.2 million, IGC remains optimistic about expanding its market presence and future FDA approval.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

India Globalization Capital (NYSE American: IGC) announces an upcoming investor webinar featuring CEO Ram Mukunda and PFO Claudia Grimaldi on February 10, 2023, at 12:30 p.m. ET. They will discuss the Company’s Phase 2 trial for IGC-AD1, aimed at alleviating agitation in Alzheimer's patients. The trial involves 146 participants and is categorized as Phase 2B for safety and efficacy. IGC is focused on developing cannabinoid-based formulations for various conditions, including Alzheimer’s disease. The Company also markets wellness brands Holief and Sunday Seltzer.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
Tags
none

FAQ

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

The current stock price of IGC Pharma (IGC) is $0.278 as of March 3, 2025.

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

The market cap of IGC Pharma (IGC) is approximately 19.4M.

What does IGC Pharma specialize in?

IGC Pharma specializes in developing cannabinoid-based therapies and AI-driven drug discovery for conditions like Alzheimer's disease and chronic pain.

What is IGC-AD1?

IGC-AD1 is IGC Pharma's lead investigational drug, a cannabinoid-based formulation in Phase 2 trials for treating agitation in Alzheimer's dementia.

How does IGC Pharma use AI in its research?

IGC Pharma employs AI to predict biomarkers for early Alzheimer's detection, optimize clinical trials, and enhance drug receptor affinity predictions.

What is the Holiby wellness brand?

Holiby is IGC Pharma's wellness brand offering scientifically formulated products like Immunity Gummies and Longevity Gummies for immunity and anti-aging support.

What sets IGC Pharma apart in the biotechnology industry?

IGC Pharma's unique combination of AI-driven research, cannabinoid-based therapies, and a dual focus on pharmaceuticals and wellness products differentiates it in the industry.

What are the key therapeutic areas IGC Pharma focuses on?

IGC Pharma focuses on Alzheimer's disease, chronic pain, metabolic disorders, and other complex neurological and oncological conditions.

How does IGC Pharma generate revenue?

IGC Pharma generates revenue through its Holiby wellness brand, offering over-the-counter health products, while advancing its pharmaceutical pipeline.

What is the significance of IGC Pharma's AI initiatives?

IGC Pharma's AI initiatives enhance drug discovery efficiency, improve trial design, and support early detection methods, gaining recognition from institutions like the National Institute on Aging.

What is the TGR family of compounds?

The TGR family includes compounds like TGR-63, which targets amyloid plaques in Alzheimer's disease and has shown the ability to cross the blood-brain barrier.

How does IGC Pharma balance its pharmaceutical and wellness ventures?

IGC Pharma leverages its manufacturing facilities to produce wellness products, creating immediate revenue streams while advancing its long-term pharmaceutical development goals.
IGC Pharma Inc

NYSE:IGC

IGC Rankings

IGC Stock Data

19.36M
73.70M
7.92%
22%
1.62%
Biotechnology
Pharmaceutical Preparations
Link
United States
POTOMAC