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Akero Therapeutics
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170 Harbor Way 3rd Floor South San Francisco, CA 94080
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650-487-6488
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Details:

The net proceeds will be used in the development of AKR-001 (efruxifermin). It is being evaluated in the Phase II clinical trial studies for the treatment of non-cirrhotic nonalcoholic steatohepatitis.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: J.P. Morgan

Deal Size: $366.9 million Upfront Cash: Undisclosed

Deal Type: Public Offering March 08, 2024

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Details:

The net proceeds will be used for the development of AKR-001 (efruxifermin). It is being evaluated in the Phase II clinical trial studies for the treatment of non-cirrhotic nonalcoholic steatohepatitis.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: J.P. Morgan

Deal Size: $319.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering March 05, 2024

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Details:

The net proceeds will be used in the development of AKR-001 (efruxifermin). It is being evaluated in the Phase II clinical trial studies for the treatment of non-cirrhotic nonalcoholic steatohepatitis.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: J.P. Morgan

Deal Size: $300.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering March 04, 2024

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Details:

AKR-001 (efruxifermin) is a differentiated bivalent Fc-FGF21 fusion protein that has been engineered to mimic the balanced biological activity of FGF21, an endogenous hormone that alleviates cellular stress and regulate metabolism throughout the body, being developed for NASH.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 04, 2024

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Details:

AKR-001 (efruxifermin) is a differentiated bivalent Fc-FGF21 fusion protein that has been engineered to mimic the balanced biological activity of FGF21, an endogenous hormone that alleviates cellular stress and regulate metabolism throughout the body, being developed for NASH.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable December 18, 2023

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Details:

AKR-001 (efruxifermin) is a differentiated bivalent Fc-FGF21 fusion protein that has been engineered to mimic the balanced biological activity of FGF21, an endogenous hormone that alleviates cellular stress and regulate metabolism throughout the body, being developed for NASH.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 11, 2023

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Details:

AKR-001 (efruxifermin) is a differentiated bivalent Fc-FGF21 fusion protein that has been engineered to mimic the balanced biological activity of FGF21, an endogenous hormone that alleviates cellular stress and regulate metabolism throughout the body, being developed for NASH.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: EFX

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 10, 2023

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Details:

AKR-001 (efruxifermin) is a differentiated bivalent Fc-FGF21 fusion protein that has been engineered to mimic the balanced biological activity of FGF21, an endogenous hormone that alleviates cellular stress and regulate metabolism throughout the body, being developed for NASH.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable August 28, 2023

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Details:

AKR-001 (efruxifermin) is a Product Candidate for NASH, Currently Being Evaluated in the Ongoing Phase 2b HARMONY and SYMMETRY trials and Phase 2b Expansion Cohort of SYMMETRY Trial Evaluating Efruxifermin in Combination with GLP-1 for NASH.


Lead Product(s): Efruxifermin

Therapeutic Area: Endocrinology Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 05, 2023

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Details:

AKR-001 (efruxifermin) is a product candidate for NASH, currently being evaluated in the ongoing Phase 2b HARMONY and SYMMETRY trials and Phase 2b Expansion Cohort of SYMMETRY Trial Evaluating Efruxifermin in Combination with GLP-1 for NASH.


Lead Product(s): Efruxifermin

Therapeutic Area: Hepatology (Liver, Pancreatic, Gall Bladder) Product Name: AKR-001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 01, 2023

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