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January 17, 2014
11:33 EDTICPTIntercept trial of Obeticholic Acid posted on ClinicalTrials.gov
A trial of Intercept's Obeticholic Acid was posted on ClinicalTrials.gov, with a stated main purpose to test the drug' effectiveness when used in patients with moderately severe alcoholic hepatitis. The researchers suspect that individuals with alcoholic hepatitis have certain abnormalities in how their body handles bile acids produced by the liver, the guidance said. Obeticholic acid has "been shown to affect bile acid abnormalities and thus it is possible that obeticholic acid may improve liver condition in individuals with alcoholic hepatitis," the website notes. Shares of Intercept are up 10%, or $27.38, to $305.00 in late morning trading. Reference Link
News For ICPT From The Last 14 Days
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July 30, 2014
10:00 EDTICPTOn The Fly: Analyst Upgrade Summary
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07:35 EDTICPTIntercept upgraded at Nomura
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July 29, 2014
18:35 EDTICPTOn The Fly: After Hours Movers
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16:43 EDTICPTIntercept upgraded to Buy from Neutral at Nomura
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