Report
Kelsey Tsai
EUR 101.80 For Business Accounts Only

Intercept's OCA is the most advanced NASH candidate in development, but the pipeline is crowded.

Following the encouraging news of Ocaliva’s updated label at the start of February, Intercept’s fourth-quarter results were tame in comparison. We are decreasing our fair value estimate for Intercept to $170 per share from $188, primarily to account for increased competition in the NASH market in the out years of our 10-year forecast. We believe Intercept remains significantly undervalued following the market’s read-through of patient deaths among primary biliary cholangitis patients with severe...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Kelsey Tsai

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