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Intercept Shares Soar To Multimonth High After NASH Drug Aces Late-Stage Trial
Tuesday, February 19, 2019 - 11:36am | 649Intercept Pharmaceuticals Inc (NASDAQ: ICPT) — which is a frontrunner along with Gilead Sciences, Inc. (NASDAQ: GILD) in the non-alcoholic steatohepatitis drug development race — reported positive top-line results Tuesday for a late-stage study of its pipeline asset Ocaliva,...
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Intercept Pharma Notches 2 Upgrades On Ocaliva Prospects
Monday, August 6, 2018 - 12:44pm | 465Intercept Pharmaceuticals Inc (NASDAQ: ICPT) reported top- and bottom-line beats last week that prompted two Street analysts to upgrade the stock. The Rating Goldman Sachs analyst Salveen Richter upgraded Intercept from Sell to Buy and more than tripled the price target from $46 to $157....
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FDA Letter On Intercept Pharma Doesn't Include Black Box Warning Label...Yet
Friday, September 22, 2017 - 11:19am | 696Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) continued to sell off Friday in reaction to the U.S. Food and Drug Administration's letter to physicians warning them against the company's liver disease medicine called Ocaliva. One of the main takeaways from the FDA's letter is the absence of...
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Will Intercept Stock Potential Be Blindsided By FDA Letter?
Friday, September 22, 2017 - 10:11am | 355Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) lost around one quarter of their value Thursday and another 7 percent early Friday morning in reaction to a concerning U.S. Food and Drug Administration letter sent to doctors regarding its liver treatment product called Ocaliva for the...
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FDA Warning Letter Buckles Intercept Pharma Shares; Wells Fargo Downgrades
Friday, September 22, 2017 - 9:13am | 427The U.S. Food and Drug Administration sent a letter to doctors highlighting potential negative side effects from Intercept Pharmaceuticals Inc (NASDAQ: ICPT)'s liver disease medicine called Ocaliva. The FDA said in its letter that if it is incorrectly dosed in patients with moderate to severe...
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Did Improper Practices Affect Growth Trends For Intercept Pharma's Drugs?
Tuesday, September 12, 2017 - 12:05pm | 298Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) plummeted to a new 52-week low of $90.53 Tuesday morning before recovering a few dollars per share in reaction to a warning letter from the company to physicians. The letter cautioned against overdosing certain patients suffering from primary...
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Credit Suisse Reiterates Intercept's Lofty $200 Price Target; Ocaliva Will Be A 'Surprisingly Solid Launch'
Tuesday, May 31, 2016 - 3:37pm | 166Credit Suisse's Alethia Young reiterated her Outperform rating on Intercept Pharmaceuticals Inc (NASDAQ: ICPT) with a price target of $200.00. The reiteration came after Intercept's Octavia product passed FCC approval for treating Patients with PBC. "Ocaliva pricing of $69,350 was roughly in-line...
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3 Reasons Goldman Sachs Still Neutral On Intercept Pharma
Tuesday, May 31, 2016 - 8:30am | 318Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) rose 10 percent in the pre-market trading after FDA approved its drug Ocaliva to treat a rare liver disease. Ocaliva (obeticholic acid) is approved for the treatment of primary biliary cholangitis, previously known as primary biliary cirrhosis...
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Intercept's Ocaliva To Experience 'Sluggish Uptake,' Investment Thesis Now 'Rapidly Shifts' To Execution In PBC
Tuesday, May 31, 2016 - 7:49am | 196Morgan Stanley's Andrew Berens maintained Intercept Pharmaceutical Inc (NASDAQ: ICPT)'s Underweight rating with a price target of $80. The initiation came after the FCC granted accelerated approval to Intercept's Ocaliva product for treating patients with primary biliary cirrhosis (...
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Another Wild Ride In Intercept Pharmaceuticals
Friday, April 8, 2016 - 1:26pm | 560Intercept Pharmaceuticals Inc (NASDAQ: ICPT) shares are trading lower by $10.35 at $153.45 in Friday's session. It has been a volatile session for the issue and even more volatile if one takes into the price action if the after-hours and pre-market sessions. A little bit of history on the issue...
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Intercept Jumps 5%, Confirms FDA's Unanimous Decision To Recommend Accelerated Ocaliva Approval
Friday, April 8, 2016 - 7:29am | 240Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) were trading higher by 5 percent early Friday morning after the company announced the U.S. Food and Drug Administration's Gastrointestinal Drugs Advisory Committee voted to recommend Ocaliva. The committee voted unanimously at 17 to 0...