The Farnesoid X Receptor (FXR) Ligand Obeticholic Acid in NASH Treatment Trial(FLINT)

To evaluate whether treatment with obeticholic acid, 25 mg daily for 72 weeks compared to
treatment with placebo, improves the severity of nonalcoholic fatty liver disease (NAFLD) as
determined from hepatic histology.

Inclusion Criteria:

- 18 years of age or older as of the initial screening interview and provision of
consent

- Histologic evidence of definite or probable nonalcoholic steatohepatitis (NASH) based
upon a liver biopsy obtained no more than 90 days prior to randomization and a
nonalcoholic fatty liver disease activity score (NAS) of 4 or greater with at least 1
in each component of the NAS score (steatosis scored 0-3, ballooning degeneration
scored 0-2, and lobular inflammation scored 0-3).

Exclusion Criteria:

- Current or history of significant alcohol consumption for a period of more than 3
consecutive months within 1 year prior to screening (significant alcohol consumption
is defined as more than 20 grams per day in females and more than 30 grams per day in
males, on average)

- Inability to reliably quantify alcohol consumption based upon local study physician
judgment

- Use of drugs historically associated with nonalcoholic fatty liver disease (NAFLD)
(amiodarone, methotrexate, systemic glucocorticoids, tetracyclines, tamoxifen,
estrogens at doses greater than those used for hormone replacement, anabolic steroids,
valproic acid, and other known hepatotoxins) for more than 2 weeks in the year prior
to randomization

- Prior or planned (during the study period) bariatric surgery (eg, gastroplasty,
roux-en-Y gastric bypass)

- Uncontrolled diabetes defined as Hemoglobin A1c 9.5% or higher within 60 days prior to
enrollment

- Presence of cirrhosis on liver biopsy

- A platelet count below 100,000/mm3

- Clinical evidence of hepatic decompensation as defined by the presence of any of the
following abnormalities:

- Serum albumin less than 3.2 grams/deciliter (g/dL)

- International Normalized Ratio(INR)greater than 1.3

- Direct bilirubin greater than 1.3 milligrams per deciliter (mg/dL)

- History of esophageal varices, ascites or hepatic encephalopathy

- Evidence of other forms of chronic liver disease:

- Hepatitis B as defined by presence of hepatitis B surface antigen (HBsAg)

- Hepatitis C as defined by presence of hepatitis C virus (HCV) ribonucleic acid
(RNA) or positive hepatitis C antibody (anti-HCV)

- Evidence of ongoing autoimmune liver disease as defined by compatible liver
histology

- Primary biliary cirrhosis as defined by the presence of at least 2 of these
criteria (i) Biochemical evidence of cholestasis based mainly on alkaline
phosphatase elevation (ii)Presence of anti-mitochondrial antibody (AMA)
(iii)Histologic evidence of nonsuppurative destructive cholangitis and
destruction of interlobular bile ducts

- Primary sclerosing cholangitis

- Wilson's disease as defined by ceruloplasmin below the limits of normal and
compatible liver histology

- Alpha-1-antitrypsin(A1AT) deficiency as defined by diagnostic features in liver
histology (confirmed by alpha-1 antitrypsin level less than normal; exclusion at
the discretion of the study physician)

- History of hemochromatosis or iron overload as defined by presence of 3+ or 4+
stainable iron on liver biopsy

- Drug-induced liver disease as defined on the basis of typical exposure and
history

- Known bile duct obstruction

- Suspected or proven liver cancer

- Any other type of liver disease other than nonalcoholic steatohepatitis (NASH)

- Serum alanine aminotransferase (ALT) greater than 300 units per liter (U/L)

- Serum creatinine of 2.0 mg/dL or greater

- Use of ursodeoxycholic acid (Ursodiol, Urso) within 90 days prior to enrollment

- Inability to safely obtain a liver biopsy

- History of biliary diversion

- Known positivity for Human Immunodeficiency Virus (HIV) infection

- Active, serious medical disease with likely life expectancy less than 5 years

- Active substance abuse including inhaled or injection drugs in the year prior to
screening

- Pregnancy, planned pregnancy, potential for pregnancy and unwillingness to use
effective birth control during the trial, breast feeding

- Participation in an investigational new drug (IND) trial in the 30 days before
randomization

- Any other condition which, in the opinion of the investigator, would impede compliance
or hinder completion of the study

- Failure to give informed consent