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ICPT Intercept Pharmaceuticals Inc

19.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intercept Pharmaceuticals Inc NASDAQ:ICPT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 19.00 18.66 19.02 0 01:00:00

Intercept Pharmaceuticals Gets Orphan Drug Status for OCA and Bezafibrate to Treat Primary Biliary Cholangitis

16/05/2023 11:14pm

Dow Jones News


Intercept Pharmaceuticals (NASDAQ:ICPT)
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By Mary de Wet

 

Intercept Pharmaceuticals said Tuesday it received the Food and Drug Administration's orphan drug designation for a combination of obeticholic acid and bezafibrate to treat a rare bile-duct disease.

Intercept has two Phase 2 studies to explore a range of therapeutic doses for the combination of OCA and bezafibrate, the biopharmaceutical company said.

The company expects to complete interim analyses from the studies later this year.

The orphan-drug designation was given for a fixed dose to treat primary biliary cholangitis, a chronic autoimmune disease that affects the bile ducts in the liver and is most prevalent in women over the age of 40.

The FDA's orphan-drug program gives special status to drugs and biologics for diseases and disorders that affect fewer than 200,000 people in the U.S. and provides for an extended marketing exclusivity period against competition.

 

Write to Mary de Wet at mary.dewet@dowjones.com

 

(END) Dow Jones Newswires

May 16, 2023 17:59 ET (21:59 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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