U.S. patients suffering with primary biliary cholangitis now can treat the chronic liver disease with Ocaliva™ (obeticholic acid), developed as a result of a partnership between biopharmaceutical firm Intercept Pharmaceuticals, Inc. and the Almac Group, a global contract development and manufacturing organization.
Founded in 2002 in New York, Intercept has operations in the U.S., Europe, Canada and Australia. Ocaliva represents the company’s lead product. On May 27, Intercept announced that the U.S. FDA granted accelerated approval for Ocaliva, which it describes as the “first new medicine for PBC in nearly 20 years.”
