See every side of every news story
Published loading...Updated

Akero says MASH drug reverses liver damage in study, doubling shares

  • Akero Therapeutics' experimental drug Efruxifermin significantly reversed liver damage in a mid-stage study of patients with cirrhosis due to metabolic dysfunction-associated steatohepatitis, according to Akero.
  • The study results exceeded expectations, leading to a more than doubling of Akero's shares and a 50% increase in competitor 89bio's stock.
  • 29% of patients on the highest dose of Efruxifermin showed improvement in liver scarring, compared to only 12% on placebo, as stated by Akero.
  • Analysts described Akero's results as a 'home run' and noted the drug's potential for transformational impact, according to Michael Yee of Jefferies.
Insights by Ground AI
Does this summary seem wrong?

12 Articles

All
Left
Center
3
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

STAT broke the news in Boston, United States on Monday, January 27, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.