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Akero Therapeutics, Inc. - $AKRO STOCK NEWS

Welcome to our dedicated page for Akero Therapeutics news (Ticker: $AKRO), a resource for investors and traders seeking the latest updates and insights on Akero Therapeutics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Akero Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Akero Therapeutics, a clinical-stage company focused on treatments for metabolic diseases, will present at the BofA Securities 2024 Health Care Conference on May 14, 2024, in Las Vegas, NV. The presentation can be accessed through the company's website.

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Akero Therapeutics, Inc. appoints Scott Gangloff as Chief Technology Officer. Gangloff brings 30 years of experience in biopharmaceutical development and manufacturing, having led teams through BLAs and product approvals. He will contribute to the commercialization and manufacturing strategy of efruxifermin, a Phase 3 trial drug for MASH treatment.

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Akero Therapeutics, Inc. (AKRO) successfully closed a public offering of 12,650,000 shares of common stock at $29.00 per share, raising approximately $366.9 million. The underwriters exercised their option to purchase additional shares, leading to a significant increase in gross proceeds. The offering was managed by top firms like J.P. Morgan, Morgan Stanley, Jefferies, and Evercore ISI.
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Akero Therapeutics, Inc. announces positive results from a Phase 2b study on efruxifermin (EFX) in patients with Type 2 diabetes and liver fibrosis. The study shows EFX combined with GLP-1 receptor agonist therapy improves liver health markers, reduces liver fat, and enhances metabolic health, indicating potential for treating patients with MASH.
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Akero Therapeutics, Inc. (AKRO) announced the pricing of an underwritten public offering of 11,000,000 shares of its common stock at $29.00 per share, aiming to raise $319.0 million. The company has also granted underwriters an option to purchase additional shares. This move is part of Akero's strategy to develop treatments for metabolic diseases.
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Akero Therapeutics, Inc. (AKRO) initiates a $300.0 million public offering of common stock, with a 30-day option for an additional $45.0 million. J.P. Morgan, Morgan Stanley, Jefferies, and Evercore ISI are the joint book-running managers. The offering is subject to market conditions.
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Akero Therapeutics (AKRO) releases promising week 96 results from HARMONY study on EFX for pre-cirrhotic MASH patients, showing significant improvements in fibrosis stages and histological endpoints. The 50mg EFX group demonstrated a 75% improvement in fibrosis, a 46% improvement for the 28mg group, and significant improvements in various histological endpoints compared to the placebo group.
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Akero Therapeutics, Inc. (AKRO) will present clinical data from its HARMONY study after 96 weeks of treatment for pre-cirrhotic metabolic dysfunction-associated steatohepatitis patients. The investor webcast is scheduled for March 4 at 8:00 a.m. ET.
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Akero Therapeutics, Inc. reported Q4 and full year financial results for 2023, with significant updates on their Phase 3 SYNCHRONY program and Phase 2b SYMMETRY study. They initiated two Phase 3 studies and reported promising results in the Phase 2b study. Financially, Akero's cash reserves are strong, supporting operations until 2026.
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Akero Therapeutics, Inc. (Nasdaq: AKRO) will present at the 42nd Annual J.P. Morgan Healthcare Conference on January 8, 2024, at 09:45 a.m. P.T. in San Francisco, CA. The company is focused on developing transformational treatments for patients with serious metabolic diseases with high unmet medical need.
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Akero Therapeutics, Inc.

Nasdaq:AKRO

AKRO Rankings

AKRO Stock Data

1.45B
46.04M
5.77%
92.13%
11.38%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
SOUTH SAN FRANCISCO

About AKRO

akero therapeutics is developing best-in-class medicines that restore metabolic balance to treat non-alcoholic steatohepatitis (nash) and other serious metabolic diseases. akero's lead clinical program, akr-001, is a long-acting fc fusion modified fgf21 protein and potential best-in-class treatment for nash. akr-001 builds upon two decades of work on fgf21 biology. it is designed to affect both the liver and adipose tissue, reducing liver fat and suppressing inflammation and fibrosis.