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Akero Therapeutics

Develops NASH therapies and trials

Overview

Akero Therapeutics develops treatments for non-alcoholic steatohepatitis (NASH), a serious liver disease. Its lead therapy, AKR-001, is designed to treat NASH by lowering liver fat, reducing inflammation, and decreasing fibrosis, while also improving lipoprotein profiles to cut cardiovascular risk. The product works by addressing multiple aspects of liver biology to slow or reverse disease progression, and it moves through clinical trials with the goal of regulatory approval for commercialization. The company earns revenue through research partnerships, licensing deals, and, in the future, product sales. Compared with competitors, Akero emphasizes a holistic, multi-faceted approach to NASH and related metabolic issues and pursues collaborations and licensing to fund development. Its ultimate goal is to bring a approved therapy to patients with NASH and related conditions, helping to reduce liver damage and associated cardiovascular problems.

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About Akero Therapeutics

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Industries

BiotechnologyHealthcare

Company Size

51-200

Company Stage

IPO

Headquarters

Cambridge, MA

Founded

2017

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Funding

Total Funding

$1.5B

Above

Industry Average

Funded Over

10 Rounds

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Paid Vacation
  • Paid Sick Leave
  • Parental Leave
  • Employee Assistance Program
  • Tuition Reimbursement
  • 401(k) Retirement Plan

Company News

Nasdaq
Sep 20th, 2026
Novo Nordisk has completed its acquisition of Akero Therapeutics

Bagsværd, Denmark and South San Francisco, CA, US, 9 December 2025– Novo Nordisk and Akero Therapeutics Inc. today announced that Novo Nordisk’ s acquisition of Akero, announced on 9 October 2025, has been completed. With the completion of the transaction, Novo Nordisk has acquired all outstanding shares of common stock and common stock equivalents of Akero for 54...

Media Prima
Oct 9th, 2025
Novo Nordisk buys US biotech firm Akero for US$4.7bil

Novo Nordisk said Thursday it was buying US biotech firm Akero Therapeutics, which is developing treatments for a number of metabolic diseases, for US$4.7 billion.

eDaily
Oct 9th, 2025
Akero Therapeutics acquired for $4.7B

Akero Therapeutics (AKRO) shares surged 19.12% to $55.38 in pre-market trading following news of its acquisition by Novo Nordisk (NVO) for $54 per share, totaling $4.7 billion. Akero is developing a treatment for metabolic-associated steatohepatitis (MASH), with its lead candidate, efruxifermin (EFX), in Phase 3 trials. Novo Nordisk aims to strengthen its obesity and diabetes treatment portfolio with this acquisition. Novo Nordisk's ADRs fell 1.33% to $58.82.

GlobeNewswire
Oct 9th, 2025
Akero Therapeutics Acquired by Novo Nordisk for $5.2B

Akero Therapeutics is set to be acquired by Novo Nordisk for up to $5.2 billion. Shareholders will receive $54 per share in cash and a Contingent Value Right (CVR) of $6 per share, contingent on U.S. regulatory approval of efruxifermin (EFX) by June 30, 2031. The upfront cash offer values Akero at approximately $4.7 billion, a 19% premium to its 30-day VWAP and a 42% premium to its closing price on May 19, 2025.

Akero Therapeutics, Inc.
Oct 7th, 2025
Akero Therapeutics to Present New Data from the Phase 2b SYMMETRY and HARMONY Studies of Efruxifermin at the 76th Annual AASLD The Liver Meeting(R) 2025

Akero Therapeutics to present New data from the Phase 2b SYMMETRY and HARMONY studies of efruxifermin at the 76th Annual AASLD The Liver Meeting(R) 2025.

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