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Stock impact report

Akero Therapeutics Advances in MASH Treatment Trials [Yahoo! Finance]

Akero Therapeutics, Inc. (AKRO) 
Last akero therapeutics, inc. earnings: 3/16 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Akero Therapeutics is a clinical-stage biotechnology company focused on developing transformational treatments for serious metabolic diseases, including metabolic dysfunction-associated steatohepatitis (MASH), a severe liver condition. In its third quarter earnings report for 2024, Akero Therapeutics highlighted significant progress in its clinical trials, particularly with the first patient dosed in their Phase 3 SYNCHRONY Outcomes study for the treatment of MASH. The company continues to advance its three-phase SYNCHRONY program, aiming to evaluate the safety and efficacy of its lead candidate, Efruxifermin (EFX), across different patient groups affected by MASH. Key financial metrics from the report indicate that Akero's cash reserves stand at $787.1 million as of September 30, 2024, which the company believes will suffice to fund its ongoing clinical trials through the second half of 2027. The company's research and development expenses saw a notable increase to $72.2 million Show less Read more
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