InvestorWire NewsRoom

InvestorNewsBreak

InvestorNewsBreaks – IGC Pharma Inc. (NYSE American: IGC) Receives Two Awards in NIH’s AI PREPARE Challenge
October 3, 2024

InvestorNewsBreaks – IGC Pharma Inc. (NYSE American: IGC) Receives Two Awards in NIH’s AI PREPARE Challenge

IGC Pharma (NYSE American: IGC), a clinical-stage pharmaceutical company, has won two awards in the Pioneering Research for Early Prediction of Alzheimer’s and Related Dementias EUREKA (“PREPARE”) Challenge; the awards were regarding IGC’s entry of the Mexican Health and Aging Study (“MHAS”) database. According to the announcement, the challenge, which is sponsored by the National Institute on Aging, an institute of the National Institutes of Health (“NIH”), is designed to accelerate the development of more accurate, innovative and representative tools for Alzheimer’s and related dementias. IGC’s entry in phase 1 of the PREPARE Challenge won the Disproportionate Impact prize and placed 3rd overall.

“We are honored to win the two PREPARE prizes,” said IGC Pharma CEO Ram Mukunda in the press release. “These recognitions underscore IGC’s leadership in artificial intelligence (‘AI’) and deep-learning research aimed at improving Alzheimer’s disease prediction. We believe our early prediction AI initiatives can offer significant hope to patients and caregivers, create long-time value for shareholders, and alleviate the projected $1 trillion economic burden on the U.S. healthcare system from Alzheimer’s disease.”

To view the full press release, visit https://ibn.fm/5jZ7K

About IGC Pharma

IGC Pharma is an artificial intelligence (“AI”)-powered, clinical-stage biotechnology company focused on developing innovative treatments for Alzheimer’s disease and transforming patient care with fast-acting, safe and effective solutions. The company’s portfolio includes the TGR family, including TGR-63, which targets amyloid plaques, a hallmark of Alzheimer’s. The IGC-C and IGC-M platforms are advancing in preclinical stages, focusing on metabolic disorders, tau proteins, early plaque formation and multiple disease hallmarks. IGC Pharma’s lead therapeutic candidate, IGC-AD1, is a cannabinoid-based treatment currently in a phase 2 trial for agitation in dementia associated with Alzheimer’s. Interim data for IGC-AD1 demonstrated that it has the potential to transform patient care by offering faster-acting and more effective relief compared to traditional medications. Additionally, the company’s AI models are designed to predict potential biomarkers for the early detection of Alzheimer’s, optimize clinical trials and predict receptor affinity, among others. With 28 patent filings and a commitment to innovation, IGC Pharma is dedicated to advancing pharmaceutical treatments and improving the lives of those affected by Alzheimer’s and related conditions. For more information, visit the company’s website at www.IGCInc.us.

NOTE TO INVESTORS: The latest news and updates relating to IGC are available in the company’s newsroom at https://ibn.fm/IGC

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
[email protected]

InvestorWire is powered by IBN

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(862) 930-1404

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).