Akero Therapeutics Reports Third Quarter 2022 Financial Results and Provides Business Update
November 04, 2022 at 07:00 AM EDT
SOUTH SAN FRANCISCO, Calif., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage company developing transformational treatments for patients with serious metabolic diseases marked by high unmet medical need, today reported third quarter financial results for the period ending September 30, 2022 and provided business updates.
"Our recently reported Week 24 results from the Phase 2b HARMONY study in patients with pre-cirrhotic NASH (F2-F3) contribute to the growing body of evidence for EFX’s potential, if approved, to be a foundational monotherapy for the treatment of NASH,” said Andrew Cheng, M.D., Ph.D., president and chief executive officer of Akero. "Our statistically significant histology results, as well as non-invasive markers of fibrosis, indicate that EFX acts both directly and indirectly to rapidly reverse fibrosis. We are encouraged by the consistency of data across four placebo-controlled clinical trials and the potential to continue to observe favorable results when we report Week 36 data from the Phase 2b SYMMETRY study in patients with cirrhotic NASH (F4, compensated) in the second half of next year."
Third Quarter Business Highlights & Company Updates
Key Milestones Anticipated for 2023
Third Quarter 2022 Financial Results
About the HARMONY Study
About Akero Therapeutics
Forward Looking Statements