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Wednesday, August 16, 2017 3:21:00 PM
- India Globalization Capital recently acquired exclusive patent rights for the use of low-dose THC as a potential therapeutic agent for Alzheimer’s disease
- No other publicly traded cannabis pharmaceutical company has a patent filing for a potential Alzheimer’s treatment
- Costs associated with Alzheimer’s disease top $236 billion in the U.S. and $600 billion globally
India Globalization Capital, Inc. (NYSE MKT: IGC), a Maryland-based company, is currently preparing four products for medical trials, including Hyalolex for the treatment of Alzheimer’s disease. Alzheimer’s is a fatal, progressive brain disease that slowly destroys memory and thinking.
Alzheimer’s is the leading cause of dementia and the third-leading cause of death in the U.S. Treatment outlooks have been bleak, as there is currently no cure, no way to prevent the disease, and no long-term treatment for the disease. However, India Globalization Capital may well improve the outlook for Alzheimer’s patients with a novel cannabis-based pharmaceutical therapy.
From an investment standpoint, IGC’s potential for market valuation growth is striking due to the size of the market for a successful Alzheimer’s treatment. Other companies in the cannabis space and also those focused on treatments for Alzheimer’s are valued in the hundreds of millions – and even billions – of dollars.
A definitive licensing agreement with the University of South Florida makes IGC the exclusive licensee of a U.S. patent filing titled, “THC as a Potential Therapeutic Agent for Alzheimer’s Disease.” The patent filing targets amyloid beta plaques, believed to be the cause of Alzheimer’s disease. The patent asserts that a newly discovered pathway allows low doses of THC to bind to amyloid beta plaques and keep them from accumulating on neurons, thus impacting the disease’s notorious cognitive decline. Be sure to view the CNN video on IGC’s website for additional information- http://www.igcinc.us/alzheimers-disease-1.
India Globalization Capital is preparing other phytocannabinoid-based pharmaceutical therapies for medical trials that target nausea and vomiting in AIDS and cancer patients; sleep disorders, anxiety and dyskinesia in Parkinson’s patients; and seizures in dogs and cats.
In addition, the company is developing treatments aimed at neuropathic and cancer pain, epilepsy, PTSD, end-of-life supportive care, and therapies for chronic neurological and cancer diagnoses.
India Globalization Capital is a first mover in the area of cannabis-based combination therapy and has filed for six patents in large market treatments including pain, eating disorders and epilepsy. Patents have been filed for a pain medication in the U.S., Canada and Europe, and upcoming filings include therapies aimed at PTSD, depression, Alzheimer’s and Parkinson’s disease.
For more information, visit www.IGCInc.us
Recent IGC News
- IGC Pharma Announces Additional Data Supporting IGC-AD1 as an Alzheimer's Treatment • Business Wire • 09/18/2024 12:00:00 PM
- IGC Pharma Advances IGC-AD1 Toward Clinical Trials as a Potential anti-Amyloid Plaque Treatment for Alzheimer's Disease • Business Wire • 09/04/2024 12:00:00 PM
- IGC Announces Results of its 2024 Annual Stockholders Meeting • Business Wire • 08/26/2024 11:00:00 PM
- IGC Pharma Announces Research Demonstrating New Molecule IGC-1C Targets Tau Protein in Alzheimer's Disease • Business Wire • 08/22/2024 01:00:00 PM
- IGC Pharma Expands Drug Portfolio to Metabolic Disorders with IGC-1A, A Potential New GLP-1 Agonist • Business Wire • 08/20/2024 12:00:00 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/14/2024 08:23:18 PM
- IGC Pharma Reports First Quarter Fiscal 2025 Results • Business Wire • 08/09/2024 01:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2024 08:03:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 06:38:52 PM
- IGC Pharma Announces Equity Analyst Coverage by Alliance Global Partners (AGP) with a "Buy" Recommendation and $3.50 Price Target • Business Wire • 07/18/2024 01:00:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/09/2024 06:17:37 PM
- Preclinical Analyses of TGR-63 Demonstrate Blood-Brain Barrier Permeability and Safety Profile • Business Wire • 07/09/2024 01:10:00 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 07/08/2024 08:07:05 PM
- IGC Pharma's TGR-63 Preclinical Results Show Substantial Reduction in Amyloid Plaque, a Key Hallmark of Alzheimer's Disease • Business Wire • 06/25/2024 01:00:00 PM
- IGC Reports Financial Results for Fiscal Year Ended March 31, 2024 • Business Wire • 06/24/2024 11:30:00 PM
- IGC Pharma to Participate in Fireside Chat with Ascendiant Capital Markets • Business Wire • 06/18/2024 01:00:00 PM
- IGC Pharma Publishes Study in European Society of Medicine Investigating the Impact of CYP2C9 Genetic Polymorphism on Pharmacokinetics of Delta 9 Tetrahydrocannabinol • Business Wire • 06/10/2024 01:00:00 PM
- IGC Pharma Announces Patient Enrollment at Neurostudies in Phase 2 Trial Investigating IGC-AD1 • Business Wire • 05/28/2024 01:00:00 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 05/22/2024 01:20:27 AM
- IGC Pharma to Attend BIO International Convention 2024 • Business Wire • 05/21/2024 06:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 01:54:41 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 01:53:35 AM
- IGC-AD1’s Interim Phase 2 Data Show a Reduction in Alzheimer’s Agitation at Week Two • Business Wire • 04/16/2024 11:00:00 AM
- IGC Pharma Adds Advisor in Artificial Intelligence • Business Wire • 04/09/2024 01:00:00 PM
- IGC Pharma Announces $3 Million Unregistered Private Placement of its Common Stock • Business Wire • 03/26/2024 07:00:00 PM
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