Intercept Pharmaceuticals, Inc., announced positive results from a 59 patient, placebo controlled, double-blind Phase II clinical trial of obeticholic acid (OCA) given as monotherapy to patients with primary biliary cirrhosis (PBC). The study evaluated the effects of 10 mg and 50 mg of OCA compared with placebo in patients with elevated alkaline phosphatase (AP). AP is a liver enzyme routinely used to evaluate the clinical status and disease progression of PBC patients... 
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