Intercept Pharmaceuticals (ICPT) said Tuesday that an experimental medicine to treat the fatty liver disease known as NASH achieved its primary goal in a Phase 3 clinical trial, giving it a shot at becoming the first drug to treat the condition and turning it into a potential blockbuster commercial opportunity.
Based on the data collected from the clinical trial, Intercept said it would file marketing applications for the treatment in the U.S. and Europe in the second half of the year. The drug is called obeticholic acid, or OCA.
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About the Author
Intercept stock was up more than 25% in the pre-market session after this positive data. But when the market opened that momentum was missing. https://news.alphastreet.com/intercept-pharmaceuticals-icpt-stock-surges-52-week-high-positive-data-from-liver-fibrosis-due-to-nash-drug-study/