Shares of Intercept Pharmaceuticals Inc. (ICPT) were up +57.31 or +33.58 percent to $228.00 per share in pre-market trading on Thursday, after the company announced late yesterday its investigational product, obeticholic acid (OCA) had received “breakthrough therapy designation” from the U.S. Food and Drug Administration (FDA) for the treating patients with nonalcoholic steatohepatitis (NASH). Intercept Read the full article...
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On This Date
January 31, 1934: Franklin Roosevelt issues a proclamation devaluing the dollar to 60 cents and setting the price the government will pay for gold at $35 an ounce, to protect the country's foreign trade from the effects of foreign currency devaluation.