India Globalization Capital’s (NYSE: IGC) Cannabis Drug Development for Alzheimer’s Backed by Previous Studies

  • In the U.S., more than 5.3 million people suffer from Alzheimer’s disease, and 46 million around the world have it
  • Alzheimer’s disease cost the U.S. more than $236 billion in 2016, and the global costs topped $600 billion
  • In 2017, IGC acquired exclusive rights to an Alzheimer’s treatment, based on THC, from the University of South Florida
  • Huge valuation growth potential in light of other Alzheimer’s and cannabis-based companies

India Globalization Capital, Inc. (NYSE MKT: IGC) has been working on phytocannabinoid-based therapies for various medical conditions for some time. Its drug development pipeline consists of treatments for seizures, neuropathic pain, and eating disorders, but one gaining attention is an experimental cannabis-based drug for Alzheimer’s disease, IGC-AD1. A University of South Florida patent was issued in July 2015. However, the study of using cannabis to treat the disease began long before that. A Molecular Pharmaceutics report ( suggested that cannabinoids could be useful in treating patients, back in 2008; that was long before a scientific study made a breakthrough in 2014, claiming tetrahydrocannabinol (THC) had the potential to be a therapeutic agent for Alzheimer’s in a published report released by the Journal of Alzheimer’s Disease.

In a recent Benzinga article (, the details of the study were highlighted. Scientists suggested that THC molecules, representing one of marijuana’s main chemical compounds, could bind to and break up amyloid-beta protein, which is associated with plaques that form around nerve cells. The effectiveness has not overruled any concerns regarding safety. Clinical trials, though, have found the side effects of THC to be…


About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s