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IGC Pharma Reaches Previously Disclosed 146-Patient Enrollment Target in Phase 2 CALMA Trial, Advancing Toward Topline Analysis

Key Takeaway: IGC Pharma has announced that its Phase 2 CALMA trial for IGC-AD1 has successfully enrolled 146 patients, meeting its target. The trial aims to evaluate the treatment for agitation associated with Alzheimer's dementia. The company is now focused on generating quality data for a comprehensive topline analysis as it moves into the final phase of the trial.
Price reaction · baseline $0.2919 (2026-06-11T13:48:00.000Z) · hit during market hours · clean, no other IGC news in the window
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POSITIVE FACTORS

  • Successfully reached target enrollment of 146 patients.
  • Trial reflects dedication of investigators and caregivers.
  • Focus on generating high-quality data for meaningful analysis.

CONCERNS & RISKS

  • Risks related to completing enrollment within anticipated timeframes.
  • Uncertainties in demonstrating safety and efficacy.
  • Potential delays in data readouts and regulatory approvals.

Full Press Release Details

POTOMAC, Maryland – June 10, 2026 – IGC Pharma, Inc. (NYSE American: IGC) (“IGC” or the “Company”) today announced that its Phase 2 CALMA trial evaluating IGC-AD1 for agitation associated with Alzheimer’s dementia has reached the Company’s previously disclosed target enrollment of 146 patients, with 146 participants randomized at baseline.
“Reaching 146 baseline randomizations is an important operational milestone for CALMA and reflects the dedication of our investigators, study coordinators, patients, and caregivers,” said Ram Mukunda, C EO of IGC Pharma. “As the trial enters its final phase, our focus is on generating a high-quality, evaluable dataset that can support a meaningful topline analysis and the continued development of IGC-AD1 for agitation .”
The CALMA trial is a randomized, double-blind, placebo-controlled Phase 2 study evaluating IGC-AD1 in patients experiencing agitation associated with Alzheimer’s dementia. Agitation remains one of the most challenging neuropsychiatric symptoms affecting individuals living with Alzheimer’s disease and their caregivers, creating a significant need for additional therapeutic options.
Following completion of limited over-enrollment activ ities and patient follow-up, IGC Pharma expects to proceed with database activities, site close out a ctivities , and subsequent topline analysis.
About IGC Pharma (dba IGC):
IGC Pharma (NYSE American: IGC) is a clinical-stage biotechnology company leveraging AI to develop innovative treatments for Alzheimer’s and metabolic disorders. Our lead asset, IGC-AD1, is a therapy currently in a Phase 2 trial ( CALMA ) for agitation in Alzheimer’s dementia. Our pipeline includes TGR-63, targeting amyloid plaques, and early-stage programs focused on neurodegeneration, tau proteins, and metabolic dysfunctions. We integrate AI to accelerate drug discovery, optimize clinical trials , and enhance patient targeting. With a complete patent portfolio and a commitment to innovation, IGC Pharma is advancing breakthrough therapies.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially, including risks related to the Company’s ability to complete enrollment in its Phase 2 CALMA trial within anticipated timeframes, demonstrate safety and efficacy, the timing of data readouts, regulatory approvals, and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-KT. The Company undertakes no obligation to update these statements.
Contact Information:
Andres Sanchez

Frequently Asked Questions

What is the CALMA trial?

The CALMA trial is a Phase 2 study evaluating IGC-AD1 for agitation in Alzheimer's dementia.

How many patients were enrolled in the CALMA trial?

The trial successfully enrolled 146 patients, meeting its target.

What is the goal of the CALMA trial?

The goal is to generate a high-quality dataset for a meaningful topline analysis.

What challenges does agitation pose in Alzheimer's patients?

Agitation is a significant neuropsychiatric symptom affecting patients and caregivers.

What are the next steps for IGC Pharma after enrollment?

IGC Pharma will proceed with database activities and topline analysis.

Last updated: Jun 11, 2026