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India Globalization Capital Inc (IGC)

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India Globalization Capital, Inc. (NYSE MKT: IGC) is a first mover in developing a portfolio of products using cannabis-based "combination therapies" for the treatment of pain and other conditions.

IGC's strategy is exciting and unique in that it is aiming to become a leader in the phytocannabinoid-based combination therapy specialty pharmaceutical sector. This first-mover advantage can potentially be formidable as it begins clinical trials and further builds its patent portfolio

IGC recently exited its legacy businesses and currently holds international investments in land and in a hotel project.


Investment Highlights

• Building a patented portfolio of phytocannabinoid-based pharmaceutical and nutraceutical products for one of the world's fastest growing industries
• Positioning for first-mover advantage by developing novel therapies, applying for patents, and acquiring technologies from related industries
• Strategic alliance with International Pharma Trials provides expertise in the FDA process and pharma-trials


Development Pipeline

Through cutting-edge research, IGC is developing a product portfolio of phytocannabinoid-based therapies for the treatment of a wide range of life altering or life threatening indications, including neuropathic and cancer pain, epilepsy, end of life supportive care, adjunctive supportive therapies of chronic neurological and oncological diagnosis.

Target Markets

Attitudes toward cannabis have transformed substantially across the United States. Support for cannabis legalization is rapidly outpacing opposition; 53 percent of Americans believe cannabis should be made legal, compared with 44 percent supporting illegality of cannabis. Within this burgeoning market, IGC has identified key areas to which it can apply its phytocannabinoid-based therapies to address unmet medical needs.



The treatment of pain is a great challenge for health care professionals as it can often debilitate individuals in ways that affect their day-to-day functioning, which significantly impacts the nation's productivity and economy. The national cost of health care due to pain ranges from $560 billion to $635 billion. In addition, the health care cost attributed to the abuse of prescription opioids, closely related to pain, is approximately $25 billion.

A major disadvantage of using currently available drug therapies to treat chronic severe pain is that these opioid based drugs may lead to side effects like hallucinations, constipation, sedation, nausea, respiratory depression, and dysphoria.


IGC has applied for a U.S patent based on a novel therapy, IGC-502 indicated for seizures, using cannabinoid extracts. The therapy is administered, using a variety of delivery technologies, for indications in mammals such as dogs and cats. The therapy may also be useful in humans.

IGC expects to conduct metabolic profiling and apply to the FDA for trials over the next few years.



Approximately 50 million people worldwide are affected by epilepsy (Sanders, 2003), a condition attributed to multiple factors. In dogs and cats, seizures are often caused by abnormal brain activity. They can be subtle or cause violent convulsions. Some seizures only occur once, but repeated seizures require treatment to prevent larger areas of the brain from becoming affected.


IGC has applied for a U.S patent based on a novel therapy, IGC-502 indicated for seizures, using cannabinoid extracts. The therapy is administered, using a variety of delivery technologies, for indications in mammals such as dogs and cats. The therapy may also be useful in humans.

IGC expects to conduct metabolic profiling and apply to the FDA for trials over the next few years.


Eating Disorders

Cachexia is a condition that accompanies severe illness such as cancer and results in the weakness and wasting away of the body. Approximately 1.3 million people in the United States are experiencing cachexia associated with cancer, multiple sclerosis, Parkinson's disease, HIV/AIDS, and other progressive illnesses. Notably, cancer-induced anorexia/cachexia is responsible for about 20% of all cancer deaths.

IGC-504 and IGC-506

Indicated for a variety of eating disorders, including cachexia, IGC-504 and IGC 506 are unique combination therapies that, if proven out by clinical trials, are expected to treat medical refractory epilepsy and eating disorders respectively, with lower side effects than conventional mono therapies. IGC-506 is being developed for both human and veterinary use.


Industry Partnerships

IGC has established a strategic alliance with International Pharma Trials, whose doctors and researchers have expertise in disorders of the central and peripheral nervous system as well as expertise in the FDA process and pharma-trials.

The company continues to seek information exchanges with medical cannabis dispensaries, research scientists, doctors, medical and business professionals, and biotech companies working in the cannabinoid space.

Leveraging its business model and collaborative research, IGC can help commercialize products while finding innovative ways of helping patients benefit from cannabinoids.



Ram Mukunda, President, CEO and Director

Ram Mukunda has served as IGC's executive chairman, chief executive officer, and president since the company's inception on April 29, 2005. From January 1990 to May 2004, Mukunda served as founder, chairman, and chief executive officer of Startec Global Communications, an international telecommunications carrier focused on providing voice over Internet protocol (VOIP) services to emerging economies. Startec was the first pure play international long distance carrier. Mukunda was responsible for organizing, structuring and integrating a number of companies owned by Startec. Under Mukunda's tenure at Startec, the company made an IPO of its equity securities in 1997 on NASDAQ. Prior to Startec, Mr. Mukunda served as Strategic Planning Advisor at Intelsat, a communications satellite services provider.

Mukunda serves as an emeritus member on the Board of Visitors at the University of Maryland, School of Engineering. From 2001 to 2003, he was a council member at Harvard's Kennedy School of Government, Belfer Center of Science and International Affairs.

Mukunda is the recipient of several awards including, the 2013 University of Maryland's International Alumnus of the Year award, the 2001 Distinguished Engineering Alumnus Award, the 1998 Ernst & Young, LLP's Entrepreneur of the Year Award. He holds a B.S. degree in Electrical Engineering, a B.S degree in Mathematics, and a M.S. in Engineering from the University of Maryland.

John Cherin, CFO, Treasurer, PAO

John Cherin is a retired senior executive with international experience in assisting young companies. He has provided insight to top management and Board of Directors on strategic analysis and improvement of operating procedures in financial reporting and operations. From 1966 to 1997, Cherin gained his experience as a senior partner at Arthur Andersen while managing practices aimed at businesses in the US and overseas. In addition he founded and managed Cherin Global Consulting in 1997-2005 and the Cherin Group LLC in 2004 to date. He also served as CFO for IGC in its formative stages for the purpose of raising capital to enable IGC's launch in the post startup phase.

Cherin is a retired CPA, a graduate of Northeastern University class of 1966 and in 1967 was the Silver Medal Recipient from the Massachusetts Society of CPAs.

Claudia Grimaldi, General Manager, Director of Cabaran Ultima

Claudia Grimaldi is the general manager and director of IGC's project development and managing company in Malaysia. Grimaldi is responsible for coordinating the staff in various countries and ensuring timely and accurate regulatory compliance and statutory reporting. Prior to assuming her current role in 2013, she spent three years managing the office of the CEO.

Prior to IGC, Grimaldi worked in human resources and psychotherapy. She graduated Summa Cum Laude from Javeriana University, a top five University in Colombia, with a Bachelor of Arts in Psychology. She holds an MBA in General Management, graduating with Highest Honors, from Meredith College. Grimaldi is a member of Delta Mu Delta International Honor Society. She is also fluent in both English and Spanish.


India Globalization Capital
PO BOX 60642
Potomac, MD 20859-0642
Phone: (301) 983-0998

1324 Lexington Ave.
Suite 117
New York, NY 10128
Phone: (212) 418-1217


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IGC News: Current Report Filing (8-k) 01/02/2018 04:39:30 PM
IGC News: Prospectus Filed Pursuant to Rule 424(b)(5) (424b5) 12/22/2017 06:05:11 AM
IGC News: Current Report Filing (8-k) 12/22/2017 06:04:38 AM
IGC News: Prospectus Filed Pursuant to Rule 424(b)(5) (424b5) 12/22/2017 06:04:37 AM
IGC News: Statement of Changes in Beneficial Ownership (4) 12/18/2017 04:53:18 PM
#5236   Sign petition to reverse decades of failed policy sokol 01/05/18 08:15:10 AM
#5235   IGC's Cannabis-based Eating Disorder Treatment Anticipated for PCT NetworkNewsWire 01/02/18 11:55:34 AM
#5234   maybe so, but it will run again maybe scaptrader1297 12/27/17 11:14:40 AM
#5233   This one is SCAM, Blockchain used to in all4weed 12/27/17 11:04:01 AM
#5232   Nice volume after hours and green, breaking res getoffyourass 12/26/17 08:02:21 PM
#5231   IGC Looks like a big mover in the making. getoffyourass 12/26/17 07:58:29 PM
#5230   * * $IGC Video Chart 12-26-17 * * ClayTrader 12/26/17 05:07:31 PM
#5229   This appears to be a "Blockchain" play in Incite101 12/26/17 04:53:06 PM
#5228   IGC Targets February 2018 International Patent Filing for NetworkNewsWire 12/26/17 01:11:24 PM
#5227   I agree CHA-RU 12/26/17 11:49:12 AM
#5226   Ascending wedge forming. You never know... INTL 12/26/17 10:54:17 AM
#5225   From hydro to crypto... got to stop laughing INTL 12/26/17 10:12:59 AM
#5224   I find it hilarious. I was playing their INTL 12/26/17 10:07:07 AM
#5223   This is pure junk folks..... Striker77 12/26/17 09:49:15 AM
#5222   What a complete friggin scam! haha Take your djmurdock 12/26/17 09:41:44 AM
#5221   IGC Looks to Blockchain Technology as Possible Solution NetworkNewsWire 12/26/17 09:16:36 AM
#5220   ROFLMAO! RAM THE SCAM wants authorization to Sprycel 12/18/17 10:44:41 AM
#5219   IGC Adjourns Voting for Proposals Three and Four NetworkNewsWire 12/18/17 10:41:20 AM
#5218   IGC Issues Update on Efforts to Roll Out NetworkNewsWire 12/14/17 11:49:02 AM
#5217   IGC expects to raise money for the canna-pharmaceutical JohnCM 12/14/17 02:34:44 AM
#5216 JohnCM 12/14/17 02:21:14 AM
#5215   Only run up by the hired broker so Sprycel 12/12/17 10:13:19 AM
#5214   TIME TO SHORT all4weed 12/11/17 05:51:57 PM
#5213   This company has bought Patent and nothing else, all4weed 12/11/17 05:49:12 PM
#5212   Completely agree, no one seem to be bothered all4weed 12/11/17 05:34:54 PM
#5211   Ready n hoping best NYSE stock to pwn now devilskyvin 12/08/17 12:15:47 PM
#5210   * * $IGC Video Chart 12-07-17 * * ClayTrader 12/07/17 04:13:23 PM
#5209   Kinda quiet huh? IGC's almost $1 a share now Smilin_B 12/07/17 10:49:25 AM
#5208   IGC Launches Pharmaceutical Cannabinoid Pipeline Websites NetworkNewsWire 12/07/17 10:47:58 AM
#5207   Chart looks good. Flagging below $1 INTL 12/07/17 10:40:45 AM
#5206   This is scam not a company. Why is california007 12/07/17 09:24:56 AM
#5205   I was wondering the same thing! Looks like Bossman1981 12/06/17 10:21:18 PM
#5204   * * $IGC Video Chart 12-06-17 * * ClayTrader 12/06/17 05:19:54 PM
#5203   So why is this taking off today? SgtJBone 12/06/17 02:21:37 PM
#5202   AND THE INSIDERS JUST KEEP SELLING THEIR FREE Sprycel 12/05/17 08:55:39 PM
#5201   IGC's Future Business Strategy NetworkNewsWire 11/30/17 03:47:38 PM
#5200   IGC Enters MOU for Distribution in Germany, Plans NetworkNewsWire 11/29/17 09:42:41 AM
#5199   IGC Reports Q2 2018 Financial Results NetworkNewsWire 11/20/17 10:16:38 AM
#5198   IGC buy 0.5049 stocktrademan 11/16/17 01:33:48 PM
#5197   IGC Releases Results of Annual Shareholders Meeting NetworkNewsWire 11/14/17 02:51:38 PM
#5196   IGC Regains Listing Compliance NetworkNewsWire 11/10/17 09:58:52 AM
#5195   IGC Avoids Regulatory Costs through Cannabis-based Drug Candidates NetworkNewsWire 11/06/17 12:14:00 PM
#5194   Ceo just sold 250,000 shares and u suckers @WolfofWeedST 11/06/17 10:40:42 AM
#5193   IGC Targets Multiple Health Concerns with Cannabis-based Therapies NetworkNewsWire 11/02/17 02:34:42 PM
#5192   IGC Aims to Fast-Track Release of Hyalolex in NetworkNewsWire 11/02/17 02:30:51 PM
#5191   It's payroll time for RAM THE SCAM! Sprycel 11/01/17 10:31:52 AM
#5190   Leaders in Medical Marijuana and the Global Alzheimer’s Markets NetworkNewsWire 10/31/17 08:48:18 AM
#5189   I agree 100%. In fact this stock Sprycel 10/29/17 08:44:48 PM
#5188   Pray tell us why this isnt a .000x Smilin_B 10/29/17 07:06:35 PM
#5187   This company has NO revenue, NONE but yet Sprycel 10/29/17 05:56:39 PM