Intercept Pharma (ICPT) Tops Q1 EPS by 22c

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Intercept Pharmaceuticals Reports First Quarter 2021 Financial Results and Provides Business Update

May 6, 2021 7:00 AM EDT

Worldwide Ocaliva® net sales of $81.7M, representing 12% growth over the prior year quarter

Company narrows 2021 financial guidance; now expects worldwide Ocaliva net sales guidance of $325 million to $340 million and reiterates Non-GAAP adjusted operating expense guidance of $380 to $410 million

Process between Intercept and FDA remains ongoing regarding updates to the Ocaliva U.S. Prescribing Information

Intercept continues to work toward potential resubmission of OCA in NASH fibrosis in the U.S.

Company to host conference call today at 8:30... More