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IGC Pharma Reports First Quarter Fiscal 2026 Financial Results; Company Accelerates Phase 2 Alzheimer's Trial

1. IGC reported progress in Phase 2 trial for Alzheimer's treatments. 2. The company maintains a $12M credit facility for future initiatives.

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$0.380108/19 09:07 AM EDTEvent Start
$0.3608508/20 03:39 PM EDTLatest Updated
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FAQ

Why Bullish?

The ambitious Phase 2 CALMA trial could attract investment interest, reminiscent of similar biotech surges post-positive trial announcements.

How important is it?

The ongoing progress in clinical trials significantly boosts investor confidence and aligns with the company's strategic objectives in the market.

Why Long Term?

Successful development of treatment products aligned with significant unmet medical needs can lead to sustained growth over multiple fiscal periods.

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POTOMAC, MARYLAND / ACCESS Newswire / August 19, 2025 / IGC Pharma, Inc. ("IGC" or the "Company") (NYSE American:IGC), a clinical-stage biotechnology company leveraging AI to develop innovative treatments for Alzheimer's disease, reported its financial results for the quarter ended June 30, 2025. Highlights in the quarter include: Accelerated progress on the Company's Phase 2 CALMA trial in Alzheimer's disease Progress in the development of MINT-AD Extension of its undrawn $12M credit facility Ram Mukunda, CEO of IGC Pharma, commented, "We began fiscal 2026 with solid strategic momentum, advancing multiple programs that we believe position IGC for meaningful value creation this fiscal year.

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