IGC Pharma Inc (IGC)

NYSEAMERICAN: IGC · IEX Real-Time Price · USD
0.430
-0.009 (-2.05%)
At close: Apr 25, 2024, 4:00 PM
0.422
-0.008 (-1.86%)
Pre-market: Apr 26, 2024, 6:52 AM EDT
-2.05%
Market Cap 28.61M
Revenue (ttm) 1.22M
Net Income (ttm) -14.15M
Shares Out 66.54M
EPS (ttm) -0.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 229,715
Open 0.438
Previous Close 0.439
Day's Range 0.417 - 0.448
52-Week Range 0.250 - 0.910
Beta 1.77
Analysts n/a
Price Target n/a
Earnings Date Feb 14, 2024

About IGC

IGC Pharma, Inc., a clinical stage biotechnology company, engages in developing cannabinoid-based formulations for treating diseases and conditions, including Alzheimer's disease, dysmenorrhea, premenstrual syndrome, and chronic pain. The company has two investigational drug assets targeting Alzheimer's disease comprising IGC-AD1, which is in a Phase 2B clinical trial as a treatment for agitation in dementia due to Alzheimer's; and TGR-63 that is in pre-clinical development. It also markets Holief, a wellness brand that targets women experienci... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2005
Employees 61
Stock Exchange NYSEAMERICAN
Ticker Symbol IGC
Full Company Profile

Financial Performance

In 2022, IGC Pharma's revenue was $911,000, an increase of 129.47% compared to the previous year's $397,000. Losses were -$11.51 million, -23.38% less than in 2021.

Financial Statements

News

IGC-AD1's Interim Phase 2 Data Show a Reduction in Alzheimer's Agitation at Week Two

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC-AD1's Interim Phase 2 Data Show a Reduction in Alzheimer's Agitation at Week Two.

10 days ago - Business Wire

IGC Pharma Adds Advisor in Artificial Intelligence

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Adds Advisor in Artificial Intelligence.

16 days ago - Business Wire

IGC Pharma Announces $3 Million Unregistered Private Placement of its Common Stock

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Announces $3 Million Unregistered Private Placement of its Common Stock.

4 weeks ago - Business Wire

IGC Pharma Announces Positive Interim Results for IGC-AD1 in Reducing Alzheimer's Agitation

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Announces Positive Interim Results for IGC-AD1 in Reducing Alzheimer's Agitation.

5 weeks ago - Business Wire

IGC PHARMA Announces its Participation at the Benzinga Virtual Healthcare Summit 2024

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC PHARMA Announces its Participation at the Benzinga Virtual Healthcare Summit 2024.

5 weeks ago - Business Wire

IGC Pharma (IGC): Healthcare Leader Terry Lierman Joins Board to Advance Alzheimer's Pipeline

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma (IGC)- Healthcare Leader Terry Lierman Joins Board to Advance Alzheimer's Pipeline.

6 weeks ago - Business Wire

IGC Pharma Announces Equity Analyst Coverage by Ascendiant with a “Buy” Recommendation and $3.00 Price Target

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Ascendiant Coverage.

2 months ago - Business Wire

IGC Pharma Reports Third Quarter Fiscal 2024 Results

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Reports Third Quarter Fiscal 2024 Results.

2 months ago - Business Wire

IGC Pharma Announces TGR-63 Reduces Agitation in Alzheimer's Mouse Model

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--TGR-63 Reduces Agitation in Alzheimer's Mouse Model.

3 months ago - Business Wire

IGC Pharma Breakthrough: Preclinical Trial Data Shows TGR-63 Reduces Plaque in Alzheimer's

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Breakthrough - Preclinical Trial Data Shows TGR-63 Reduces Plaque in Alzheimer's.

3 months ago - Business Wire

IGC Pharma Activates ClinCloud, One of 12 Sites in Ongoing Phase 2b Alzheimer's Trial

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Activates ClinCloud, One of 12 Sites in Ongoing Phase 2b Alzheimer's Trial.

3 months ago - Business Wire

Patent Granted to IGC Pharma for Groundbreaking Drug Formulation to Treat Agitation in Alzheimer's

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--Patent Granted to IGC Pharma for Groundbreaking Drug Formulation to Treat Agitation in Alzheimer's.

4 months ago - Business Wire

IGC Pharma Announces Participation in Biotech Showcase and BioPartnering @ JPM Alongside the J.P. Morgan 41st Annual Healthcare Conference 2024

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Announces Participation in Biotech Showcase and BioPartnering @ JPM Alongside the J.P. Morgan 41st Annual Healthcare Conference 2024.

4 months ago - Business Wire

IGC Pharma Announces Collaboration to Integrate AI into Clinical Trials

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma, Inc. ("IGC" or the "Company") (NYSE American: IGC) today announced an Artificial Intelligence (AI) collaboration with Los Andes University's Center for...

5 months ago - Business Wire

IGC Pharma Announces Master Agreement with Leading South American University to Advance AI Initiatives

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Announces Master Agreement with Leading South American University to Advance AI Initiatives.

5 months ago - Business Wire

IGC Pharma Reports Second Quarter Fiscal 2024 Results

POTOMAC, Md.--(BUSINESS WIRE)-- #AD--IGC Pharma Reports Second Quarter Fiscal 2024 Results.

5 months ago - Business Wire

IGC Pharma Granted European Patent for Groundbreaking Cannabinoid-Based Pain Topical Relief Therapy

POTOMAC, Md.--(BUSINESS WIRE)-- #IGC--IGC Pharma Granted European Patent for Groundbreaking Cannabinoid-Based Pain Topical Relief Therapy.

6 months ago - Business Wire

IGC Pharma Reports First Quarter Results; Company Continues to Make Significant Progress Advancing Its Lead Alzheimer's Candidate Through Phase 2 Clinical Trials

POTOMAC, Md.--(BUSINESS WIRE)-- #IGC--IGC Pharma Reports First Quarter Results; Company Continues to Make Significant Progress Advancing Its Lead Alzheimer's Candidate.

9 months ago - Business Wire

IGC Pharma Expands Phase 2 Trial of IGC-AD1 to Include the University of Puerto Rico

POTOMAC, Md.--(BUSINESS WIRE)-- #IGC--IGC Pharma Expands Phase 2 Trial of IGC-AD1 to Include the University of Puerto Rico.

9 months ago - Business Wire

IGC Pharma, Inc. Presenting 6 Posters on the Positive Impact of IGC-AD1 on Neuropsychiatric Symptoms in Dementia at the 2023 Alzheimer's Association International Conference

POTOMAC, Md.--(BUSINESS WIRE)-- #IGC--IGC 's 6 Posters on Positive Impact of IGC-AD1 on Neuropsychiatric Symptoms of Dementia at 2023 Alzheimer's Association International Conference.

10 months ago - Business Wire

IGC Pharma Secures $12 Million Line of Credit from O-Bank Strengthening Efforts in Alzheimer's Research

POTOMAC, Md.--(BUSINESS WIRE)-- #IGC--IGC Pharma Secures $12 Million Line of Credit from O-Bank Strengthening Efforts in Alzheimer's Research.

10 months ago - Business Wire

IGC Pharma Announces a $3 Million Private Placement of its Common Stock

POTOMAC, Md.--(BUSINESS WIRE)-- #IGC--IGC Pharma Announces a $3 Million investment: strengthen IGC's working capital & support the advancement of our IGC-AD1 Phase-2 clinical trial.

10 months ago - Business Wire

IGC Pharma Receives Notice of Allowance for Patent on Seizures

POTOMAC, Md.--(BUSINESS WIRE)-- #IGC--IGC received Notice of Allowance from Commissioner of Patents, Canada, for its patent filing on the use of cannabinoids in the treatment of seizures.

11 months ago - Business Wire

IGC Pharma's Advisor and Inventor of Drug Candidate TGR-63 Receives Award

POTOMAC, Maryland--(BUSINESS WIRE)-- #IGC--Professor T. Govindaraju, IGC Pharma's Advisor and Inventor of Drug Candidate TGR-63 Receives Award .

11 months ago - Business Wire

IGC Pharma to Present at LD Micro Invitational XIII

Presentation on Tuesday, June 6 at 3:00 PM PT Los Angeles, California--(Newsfile Corp. - May 18, 2023) - IGC Pharma, Inc. (NYSE American: IGC) announced today that it will be presenting at the 13th An...

1 year ago - Newsfile Corp