The prevalence of non-alcoholic steatohepatitis (NASH), a more advanced stage of nonalcoholic fatty liver disease, continues to increase.
Intercept Pharmaceuticals (Nasdaq: ICPT) has joined the list of companies which have failed in their attempts to be the first to enter the NASH market. The biopharma company received a complete response letter (CRL) from the US Food and Drug Administration (FDA) for its farnesoid X receptor agonist, obeticholic acid (OCA).
With the wait for an FDA-approved therapy continuing, the NASH market holds enormous untapped potential, according to the data and analytics company GlobalData.
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