IGC Pharma

IGC Pharma

IGC
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IGC · Stock Price

USD 0.32+0.02 (+6.67%)
Market Cap: $31.6M

Historical price data

Market Cap: $31.6MPipeline: 2 drugsFounded: 2005HQ: Potomac, United States

Overview

IGC Pharma is a clinical-stage biotechnology company with a mission to develop novel treatments and AI-driven tools for Alzheimer's disease. Its primary achievement is the advancement of lead candidate IGC-AD1 into a Phase 2 trial (CALMA) targeting Alzheimer's-related agitation, a significant unmet need. The company's strategy uniquely combines therapeutic development of small molecules targeting neuroinflammation and amyloid/tau pathology with a proprietary artificial intelligence platform designed for early prediction and personalized care. Operating as a micro-cap public company, IGC seeks to address a massive and growing market through this integrated, technology-enhanced approach.

Alzheimer's DiseaseCentral Nervous System Disorders

Technology Platform

Proprietary AI platform (MINT-AD/aha™) designed to transform multimodal data into actionable insights for early Alzheimer's disease prediction and clinical decision support.

Pipeline

2
2 drugs in pipeline
DrugIndicationStageWatch
IGC-AD1-Active + IGC-AD1-PlaceboAlzheimer DiseasePhase 2
IGC AD1 + PlaceboDementia of Alzheimer TypePhase 1

Funding History

2
Total raised:$18M
IPO$10M
Series A$8M

Opportunities

A positive readout from the Phase 2 CALMA trial for IGC-AD1 could unlock a significant market for Alzheimer's agitation, a high-need area with limited safe treatments.
Successfully validating its AI platform could create a parallel digital health revenue stream and enhance therapeutic development.

Risk Factors

High risk of clinical failure for lead candidate IGC-AD1 in Phase 2.
As a pre-revenue micro-cap, the company faces significant dilution risk from future capital raises needed to fund operations.
Intense competition from larger, better-resourced companies in both therapeutics and AI.

Competitive Landscape

IGC faces intense competition in Alzheimer's agitation from recently approved drugs (e.g., brexpiprazole) and other late-stage candidates. Its broader preclinical pipeline enters a crowded disease-modifying therapy field dominated by large pharma. Its AI platform competes with numerous digital health startups and tech giants.

Company Timeline

2005Founded

Founded in Potomac, United States

2017Series A

Series A: $8.0M

2021IPO

IPO — $10.0M