Is Intercept Pharmaceuticals Stock a Buy? [The Motley Fool]
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: The Motley Fool
If you are looking for stocks to buy and hold throughout the next decade, it might be a good idea to turn to biotech stocks. After all, the biotech industry as a whole -- as measured by the SPDR Biotech Index 00 There are, of course, scores of biotech companies to think about investing in, but one that deserves your attention is Intercept Pharmaceuticals ( NASDAQ:ICPT A one-trick pony? Intercept's financial results aren't impressive at the moment. For the third quarter, the company recorded total revenue of $.9 million, a .8% year-over-year increase. However, Intercept also recorded an operating loss of $7. million, and a net loss per share of $.9. That being said, Intercept's fortunes could soon change. To see why, let's consider the company's sole product on the market at the moment: Ocaliva. Ocaliva was first approved by the U.S. Food and Drug Administration (FDA) in May 0 for the treatment of primary biliary cholangitis (PBC). Image source: Getty Images. Bile is a fluid secreted
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