Cardiometabolic wins among highlights in BioCentury’s latest Clinical Report
Plus readouts from Allakos, Leap, Cargo and more
Advances in some of the most challenging indications, including MASH, depression and heart failure, were the value-drivers during a two-week period when the majority of clinical results were positive, yet mostly failed to move stocks.
One of the companies that did see a share price gain was Akero Therapeutics Inc. (NASDAQ:AKRO), whose efruxifermin, a treatment for metabolic-associated nonalcoholic steatohepatitis (MASH; formerly NASH), became the first therapy to show a meaningful reversal of cirrhosis, an achievement that was once thought to be impossible. The Phase IIb data not only led to a near doubling of Akero’s value, but also drove up shares of another company developing an FGF21 therapy for the indication. ...
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