Positive Phase III data in NASH trial boosts Intercept Pharma
Intercept Pharmaceuticals (Nasdaq: ICPT) has announced positive Phase III data from a non-alcoholic steatohepatitis (NASH) trial testing obeticholic acid (OCA) in people with liver fibrosis.
Shares in the New York-based liver specialist leapt almost a fifth following the announcement, before settling down to finish up just over 6% on Tuesday.
In the trial, once-daily treatment with OCA met the primary endpoint of fibrosis improvement with no worsening of NASH at the planned 18-month interim analysis, compared with placebo.
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