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Stock Market & Financial Investment News

News Breaks
June 26, 2014
07:59 EDTICPTIntercept initiated with a Neutral at Nomura
Target $294.
News For ICPT From The Last 14 Days
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January 30, 2015
12:45 EDTICPTOn The Fly: Midday Wrap
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09:26 EDTICPTOn The Fly: Pre-market Movers
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08:27 EDTICPTIntercept breakthrough designation a significant positive, says Summer Street
Summer Street views the breakthrough therapy designation from the FDA as a significant positive for Intercept. The firm believes the news supports its thesis that Intercept's OCA is potentially a "game changer" in the treatment of NASH. It keeps a Buy rating on the stock with a $650 price target.
January 29, 2015
19:14 EDTICPTOn The Fly: After Hours Movers
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16:31 EDTICPTIntercept gets breakthrough designation from FDA for steatohepatitis treatment
Intercept Pharmaceuticals announced that its investigational product obeticholic acid, or OCA, has received "breakthrough therapy designation" from the FDA for the treatment of patients with nonalcoholic steatohepatitis, or NASH, with liver fibrosis. This indication constitutes a population of patients with a serious and life-threatening condition reflected by a higher risk of progression to cirrhosis and liver failure. OCA is currently being developed for the treatment of several chronic liver diseases, including primary biliary cirrhosis, NASH and primary sclerosing cholangitis.
January 22, 2015
07:17 EDTICPTIntercept price target lowered to $300 from $500 at Deutsche Bank
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