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IGC Pharma, Inc. (IGC)

IGC Pharma, Inc. operates as a pharmaceutical firm, currently in the clinical development phase, dedicated to pioneering novel treatments for Alzheimer's, a debilitating condition. The company's pipeline includes two experimental drug candidates aimed at this disease: IGC-AD1, which is presently undergoing a Phase 2 clinical study for addressing agitation associated with Alzheimer's-related dementia, and TGR-63, which is still in its preclinical stage. Beyond its therapeutic development efforts, IGC Pharma also explores the application of artificial intelligence (AI) to advance Alzheimer's research. Established on April 29, 2005, by Ram Mukunda, the company maintains its principal office in Potomac, Maryland.

Sector: Pharmaceutical Preparations

Industry: Biotechnology

IGC Pharma, Inc. logo

IGC Pharma, Inc.

NYSE:IGCHealthcare
-0.80%$0.2479
AH$0.2530+2.06%vs close
Mkt Cap$25.63M
Float79.23M
O/S103.38M
Inst Own5.1%
SI0.8%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$25.63M
Enterprise Value--
P/E Ratio-5.32
Est. Net Cash/Share--
Institutional Ownership5.05%

based on 103.38M shares outstanding

SectorHealthcare
IndustryBiotechnology
ExchangeNYSE American
CountryUSUS
IPO DateMay 24, 2006
Shares Outstanding103.38M
Float79.23M
Company Overview

IGC Pharma, Inc. is a clinical-stage pharmaceutical company that is focused on Alzheimer's disease, developing innovative solutions to address this devastating illness.

It has two investigational drug assets targeting Alzheimer's disease: IGC-AD1, which is in a Phase 2 clinical trial as a treatment for agitation in dementia due to Alzheimer's and TGR-63 that is in pre-clinical development.

In addition to its drug development pipeline, IGC Pharma seeks to leverage artificial intelligence (AI) for Alzheimer's research.

The company was founded by Ram Mukunda on April 29, 2005 and is headquartered in Potomac, MD.

Leadership

Claudia Grimaldi

Vice President, Principal Financial Officer, Chief Compliance Officer & Non-Independent Director

Ram Mukunda

Founder, President, Chief Executive Officer & Director

Benysh Qureshi

Director of Operations

Rohit Goel

Director of Accounting & Senior Director

Independent: 3 of 5 listed

Employees

67

Country

US

Sector

Healthcare

Website

igcpharma.com

Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
No price targets available
Ratings Distribution
BUY
2
HOLD
0
SELL
0
TOTAL2
Insider Trades
InsiderTypeShares
GRIMALDI CLAUDIA profile photoGRIMALDI CLAUDIAWithholding/Transfer150.0K
Mukunda Ram profile photoMukunda RamWithholding/Transfer100.0K
Mukunda Ram profile photoMukunda RamWithholding/Transfer100.0K
Mukunda Ram profile photoMukunda RamGrant/Award2.23M
GRIMALDI CLAUDIA profile photoGRIMALDI CLAUDIAGrant/Award2.05M
Moran James P profile photoMoran James POption Exercise50.0K
Shareholders
5.1%
Institutional
(36)
12.3%
Insiderⓘ
(4)
13.4%
5%+ Owners
(1)
of which 13.4% rests on schedules older than 24 months (1 holder)
69.3%
Unattributed (incl. retail)ⓘ
Institutional5.1%
Insider12.3%
5%+ Beneficial13.4%
Unattributed (incl. retail)69.3%
Top Shareholders
NameShares%
Bradbury Strategic Investment Fund A logo
Bradbury Strategic Investment Fund A
· may incl. warrants· stale · filed Aug 2024
13.8M13.4%
Mukunda Ram profile photo
Mukunda Ram
CEO, Director
6.7M6.5%
GRIMALDI CLAUDIA profile photo
GRIMALDI CLAUDIA
PFO, Director
3.3M3.2%
PRINS RICHARD K profile photo
PRINS RICHARD K
Director
1.5M1.5%
Moran James P profile photo
Moran James P
Director
1.2M1.2%
GEODE CAPITAL MANAGEMENT, LLC logo
GEODE CAPITAL MANAGEMENT, LLC
879.4K0.9%
VANGUARD CAPITAL MANAGEMENT LLC logo
VANGUARD CAPITAL MANAGEMENT LLC
814.9K0.8%
BlackRock, Inc. logo
BlackRock, Inc.
703.8K0.7%
AdvisorShares Investments LLC logo
AdvisorShares Investments LLC
678.5K0.7%
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
437.3K0.4%
Sources: 13F, Form 4, 13D/13GO/S: 103.4M · as of 5 Aug 2026 · SEC filings
Insiders & Institutional Holders
52-Week Range
$0.2350$0.4508
$0.2479(6th percentile)
Volume
Average Daily Volume559.49K
142.30K today vs 559.49K avg(-75%)

30d Avg

559.49K

60d Avg

570.88K

90d Avg

732.28K

Earnings
Dividend History
No dividend history available
Compliance Status
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