India Globalization Capital THC Based Alzheimer’s Treatment and Full Pipeline Review
NEW YORK, NY / ACCESSWIRE / July 10, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on India Globalization Capital Inc. (NYSE MKT: IGC) develops intellectual property for the treatment of life-altering or life-threatening conditions, through its research on phytocannabinoid therapies, in the United States. Presently IGC is focusing more on development of cannabis-based therapies to treat cachexia, nausea, vomiting, Parkinson’s disease, Alzheimer’s disease, epilepsy, PTSD, and other life-altering conditions
In 2017 Medicare and Medicaid alone are expected to spend $175 billion on patients diagnosed with Alzheimer’s. There are currently over 5.3 million Americans with Alzheimer’s (AD). The cost of Alzheimer’s has increased significantly and is expected to continue to surge higher. The number of patients is expected to double over the next 20 years and the direct costs are expected to exceed $450 billion per year in the next 12 years. There is still no accepted cure for Alzheimer’s disease.
During June 2017, IGC announced that it has entered into a definitive license agreement with the University of South Florida making it an exclusive licensee of the U.S. patent filing entitled “THC as a Potential Therapeutic Agent for Alzheimer’s Disease.” By acquiring this patent filing, IGC is protecting a potential cannabis-based blockbuster treatment for America’s most expensive disease.
Review the complete IGC product pipeline and get a financial review in this report READ MORE.
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In the past few years, research around cannabis has grown. Clinical trials have begun to reflect that side effects of THC and other cannabis products are tolerable to patients and reduce with time. There is trial data highlighting that, at proper doses, cannabinoids have positive side effects for Alzheimer’s patients, such as a reduction in delusions and mood disorders.
The research on the effect of THC on Alzheimer’s patients’ cognitive function is also validated in two papers. One, published by the Salk Institute in 2016, validated the University of South Florida’s finding that low doses of THC break up amyloid-beta plaques on neurons. Another, published this year in Nature, confirmed the therapeutic promise, showing that cognitive function was restored in aged mice, which were provided low doses of THC. The company is aggressively focusing on assembling a strong development team and a primary pipeline of four major products addressing large markets and possible blockbuster indications utilizing cannabis-based therapies.
Read how cannabis impacts Alzheimer’s and get a 2017 IGC outlook READ MORE.
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