Question · Q2 2026
Adam Snyder asked if the newly passed government funding bill impacting the hemp industry would have any effect on IGC Pharma's phase two CALMA trial.
Answer
Ram Mukunda, CEO of IGC Pharma, assured that no impact is expected on the CALMA trial. He explained that IGC 81 is an investigational new drug under rigorous regulatory oversight by the FDA and Health Canada, distinct from the consumer hemp market targeted by the bill. Furthermore, the legislation is scheduled to take effect in approximately one year, and the company anticipates completing the trial well before this effective date, thus insulating the trial's completion and primary data readout from any impending regulatory changes.
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