Gastrointestinal Drugs Advisory Committee of the FDA

Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) were trading higher by 5 percent early Friday morning after the company announced the U.S. Food and Drug Administration's Gastrointestinal Drugs Advisory Committee voted to recommend Ocaliva. The committee voted unanimously at 17 to 0...

Shares of Salix Pharmaceuticals, Ltd. (Nasdaq: SLXP) skyrocketted today, a day after the Gastrointestinal Drugs Advisory Committee of the FDA voted 14 to 4 in favor of the use of the company's XIFAXAN (rifaximin) 550 mg Tablets for the maintenance of remission of hepatic encephalopathy. BMO...