Intercept Pharma (ICPT) Misses Q4 EPS by 7c

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Intercept Pharmaceuticals Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Business Updates; Issues 2023 Financial Guidance

March 2, 2023 7:00 AM EST

U.S. Ocaliva® net sales of $77.2 million and $285.7 million for the fourth quarter and full year 2022, representing 13% and 10% growth over the prior year

Worldwide Ocaliva® non-GAAP adjusted net sales of $343.8 million for the full year 2022

As of December 31, 2022, Company has cash, cash equivalents, restricted cash, and investment debt securities available for sale of $490.9 million

PDUFA target action date set for June 22, 2023, for OCA for the treatment of pre-cirrhotic liver fibrosis due to NASH

Company has fully resolved the patent infringement... More