IGC Pharma reports Q1 EPS (2c) vs. (3c) last year

Reports revenue $328,000 vs. $272,000 last year. Ram Mukunda, CEO of IGC Pharma (IGC), commented, “We began fiscal 2026 with solid strategic momentum, advancing multiple programs that we believe position IGC for meaningful value creation this fiscal year. Our Phase 2 CALMA trial for IGC-AD1, a cannabinoid-based proprietary formulation with the potential to address agitation, a debilitating symptom affecting up to 76% of Alzheimer’s patients, continues to progress toward critical milestones in the FDA clinical trial process. In parallel, our non-cannabinoid platforms, TGR-63 and IGC-M3, are moving through preclinical development with the goal of addressing underlying disease modification. We also made progress with MINT-AD, by increasing the number of harmonized databases and training algorithms. MINT-AD is our first-of-its-kind AI-driven physician’s tool to help identify and stratify Alzheimer’s risk factors and predict cognitive decline, which we believe can help the over 400 million individuals with early Alzheimer’s pathology who are at risk for Alzheimer’s.”