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IGC Pharma Inc
2405 York Road, Suite 201
Phone: (301) 983-0998p:301 983-0998 LUTHERVILLE-TIMONIUM, MD  21093-2264  United States Ticker: IGCIGC
Business Summary
IGC Pharma, Inc. is a clinical-stage pharmaceutical company. It develops advanced cannabinoid-based formulations for treating diseases and conditions, including, but not limited to, Alzheimer’s disease, period cramps, premenstrual syndrome, and chronic pain. Its segments include Life Sciences and Infrastructure. It has two investigational drug assets targeting Alzheimer’s disease, IGC-AD1 and TGR-63, which have demonstrated in Alzheimer’s cell lines the potential to be effective in suppressing or ameliorating key hallmarks of Alzheimer’s disease, such as plaques or tangles. IGC-AD1 is a low-dose tetrahydrocannabinol (THC) based formulation that is in a 146-person phase II clinical trial for agitation in dementia due to Alzheimer’s. TGR-63, a non-cannabinoid molecule, is an enzyme inhibitor shown in pre-clinical trials to reduce neurotoxicity in Alzheimer’s cell lines. It also markets a wellness brand, Holief, that targets women experiencing premenstrual syndrome and menstrual cramps.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023YesYes--Yes

Industries
SIC Code Description
8731 Commercial physical and biological research
2834 Pharmaceutical preparations
7359 Equipment rental and leasing, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Richard K.Prins 66 1/1/2012 5/22/2007
President, Chief Executive Officer, Director RamMukunda 64 1/1/2012 4/29/2005
Vice-President, Principal Financial Officer, Chief Compliance Officer, Director ClaudiaGrimaldi 52 5/1/2022 1/1/2016
Independent Director TerryLierman 3/12/2024 3/12/2024
Independent Director JamesMoran 78 1/18/2022 1/18/2022

Business Names
Business Name
Cabaran Ultima Sdn Bhd
Hamsa BioPharma Colombia SAS
Hamsa Biopharma India Pvt. Ltd.
13 additional Business Names available in full report.

General Information
Number of Employees: 61 (As of 3/31/2023)
Outstanding Shares: 66,541,532 (As of 3/22/2024)
Shareholders: 37
Stock Exchange: ASE
Federal Tax Id: 202760393
Fax Number: (240) 465-0273


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Tuesday, April 16, 2024