Intercept Pharmaceuticals Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm
Intercept Pharmaceuticals, Inc. (ICPT)
Last intercept pharmaceuticals, inc. earnings: 2/25 07:00 am
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US:NASDAQ Investor Relations:
ir.interceptpharma.com/investor-relations
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Source: Accesswire
BOSTON, MA / ACCESSWIRE / May 24, 2023 / Block & Leviton is investigating Intercept Pharmaceuticals, Inc. (NASDAQ:ICPT) for potential securities law violations. Investors who have lost money in their Intercept Pharmaceuticals investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/icpt.What is this all about?Before the market opened on May 17, 2023, the U.S. Food and Drug Administration (FDA) released briefing documents for an upcoming Gastrointestinal Drugs Advisory Committee meeting scheduled for May 19, 2023 to review Intercept Pharmaceuticals' liver disease candidate, Obeticholic Acid (OCA).The briefing documents include concerns by FDA reviewers about the drug's risk-benefit profile, with the FDA noting, "Trial results for obeticholic acid indicate it causes multiple off-target effects that require multiple risk mitigation strategies with low likelihood of effectiveness."Shares of Inter
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