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Akero Therapeutics MASH Treatment Trial Data: Stock Up 21% | FinOracle

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Akero Therapeutics MASH Treatment Trial Data: Stock Up 21%

The stock has dropped 29% in the last year, hitting a low of $11.25 on Oct. 27. A study shows positive results in treating fatty liver disease.

by Mark Eisenberg
Mon, Mar 4, 2024 9:17pm
in Business
• 1 min read
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Akero Therapeutics MASH Treatment Trial Data: Stock Up 21% | FinOracle

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Akero Therapeutics Reports Positive Preliminary Results from Phase 2b Study on Efruxifermin

Key Points:
– Akero Therapeutics saw a 21% increase in its shares following the release of positive preliminary results.
– Results are from a Phase 2b study evaluating the efficacy and safety of efruxifermin.
– The study focused on patients with pre-cirrhotic metabolic dysfunction-associated steatohepatitis (NASH) and fibrosis stage 2 or 3.
– The study achieved its primary endpoint of 1-stage improvement in fibrosis with no worsening of NASH after 24 weeks of treatment for both dose groups.

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Tags: ALSAntARArtBalanceBiopsyCompanyDataDeathDiseaseDrugEfficacyEUFatty liver diseaseFibrosisFunFutureGeneHistologyIonLeaseLiver diseaseMarketMetaPatientPHPlaceboPortSafeSafetySECStockTeaTolerabilityTrialUSWar
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