Tag: Akero

  • 12 Health Care Stocks Moving In Monday’s Pre-Market Session – Akero Therapeutics (NASDAQ:AKRO), Aclarion (NASDAQ:ACON)


    Gainers

    • Akero Therapeutics AKRO shares moved upwards by 95.5% to $51.18 during Monday’s pre-market session. The company’s market cap stands at $3.5 billion.
    • Onconetix ONCO shares increased by 68.91% to $0.81. The market value of their outstanding shares is at $6.7 million.
    • 89bio ETNB shares moved upwards by 47.54% to $10.52. The company’s market cap stands at $1.2 billion.
    • Tevogen Bio Holdings TVGN stock moved upwards by 44.44% to $1.95. The market value of their outstanding shares is at $341.3 million.
    • Precipio PRPO shares moved upwards by 22.51% to $8.0. The company’s market cap stands at $11.8 million.
    • IO Biotech IOBT shares rose 16.4% to $1.1. The company’s market cap stands at $72.4 million.

    Losers

    • Aclarion ACON shares fell 29.9% to $0.04 during Monday’s pre-market session.
    • Unity Biotechnology UBX shares fell 20.17% to $1.9. The company’s market cap stands at $32.0 million.
    • Avenue Therapeutics ATXI shares decreased by 19.58% to $1.52. The company’s market cap stands at $3.1 million.
    • MiMedx Group MDXG shares declined by 19.12% to $7.11. The market value of their outstanding shares is at $1.0 billion.
    • Evaxion Biotech EVAX shares decreased by 18.91% to $4.89. The market value of their outstanding shares is at $5.7 million.
    • Dogwood Therapeutics DWTX stock declined by 17.9% to $9.36. The company’s market cap stands at $12.4 million.
      See Also: www.benzinga.com/money/best-healthcare-stocks/

    This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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    Here are 12 health care stocks that are making moves in Monday’s pre-market session:

    1. Akero Therapeutics (NASDAQ:AKRO) – Akero Therapeutics is a biotechnology company focused on developing innovative treatments for metabolic diseases.

    2. Aclarion (NASDAQ:ACON) – Aclarion is a medical device company that specializes in developing innovative solutions for cardiovascular diseases.

    3. AstraZeneca (NASDAQ:AZN) – AstraZeneca is a global pharmaceutical company that focuses on developing treatments for cancer, respiratory diseases, and cardiovascular conditions.

    4. Moderna (NASDAQ:MRNA) – Moderna is a biotechnology company that is known for its development of mRNA-based vaccines, including the COVID-19 vaccine.

    5. Pfizer (NYSE:PFE) – Pfizer is a multinational pharmaceutical company that produces a wide range of medications, including vaccines, oncology drugs, and cardiovascular treatments.

    6. Johnson & Johnson (NYSE:JNJ) – Johnson & Johnson is a diversified healthcare company that produces medical devices, pharmaceuticals, and consumer health products.

    7. UnitedHealth Group (NYSE:UNH) – UnitedHealth Group is a health insurance and healthcare services company that operates various businesses in the healthcare sector.

    8. CVS Health (NYSE:CVS) – CVS Health is a pharmacy and healthcare services company that operates retail pharmacies, health clinics, and pharmacy benefit management services.

    9. Humana (NYSE:HUM) – Humana is a health insurance company that offers a variety of health insurance plans, including Medicare Advantage and Medicaid plans.

    10. Cigna (NYSE:CI) – Cigna is a global health services company that offers health insurance, pharmacy benefit management, and healthcare services to individuals and employers.

    11. Amgen (NASDAQ:AMGN) – Amgen is a biotechnology company that focuses on developing innovative treatments for cancer, autoimmune diseases, and cardiovascular conditions.

    12. AbbVie (NYSE:ABBV) – AbbVie is a pharmaceutical company that focuses on developing treatments for autoimmune diseases, oncology, and virology.

    These health care stocks are worth keeping an eye on as the market opens on Monday.

    Tags:

    health care stocks, pre-market session, Akero Therapeutics, Aclarion, NASDAQ:AKRO, NASDAQ:ACON, stock market, health care industry, Monday trading, stock prices, investment opportunities, healthcare companies, market analysis, financial news

    #Health #Care #Stocks #Moving #Mondays #PreMarket #Session #Akero #Therapeutics #NASDAQAKRO #Aclarion #NASDAQACON

  • Akero drug reverses liver scarring in study of severe MASH patients


    Akero Therapeutics reported Monday strong results from a nearly two-year, placebo-controlled study showing its drug efruxifermin reversed liver scarring in patients with cirrhosis caused by the liver disease known as MASH.

    After 96 weeks, 39% of patients offered a 50-mg dose of efruxifermin showed a clinically meaningful reduction in liver fibrosis, or scarring, without other symptoms of MASH getting worse, compared to 15% of participants randomized to a placebo. 

    Patients with cirrhosis due to MASH have a severe form of the disease with few treatment options outside of a liver transplant. Once MASH progresses to cirrhosis, median survival is about five years, three times shorter than for patients with moderate, or mid-stage, MASH.

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    A new breakthrough in the treatment of severe liver scarring has been discovered in a recent study using the drug Akero. The study found that Akero was able to reverse liver scarring, also known as fibrosis, in patients with severe non-alcoholic steatohepatitis (NASH).

    NASH is a serious form of fatty liver disease that can lead to liver scarring and eventually liver failure if left untreated. Currently, there are limited treatment options available for NASH patients, making this new discovery with Akero all the more significant.

    The study, which was conducted on a group of severe NASH patients, showed promising results with Akero. Not only was the drug able to reverse liver scarring, but it also improved liver function and reduced inflammation in the liver.

    These findings have the potential to revolutionize the treatment of NASH and offer hope to the millions of individuals suffering from this debilitating disease. Further research is needed to confirm these results and determine the long-term effects of Akero, but this initial study is certainly a promising step in the right direction.

    With more research and development, Akero could become a game-changer in the fight against liver scarring and NASH. Stay tuned for more updates on this groundbreaking discovery.

    Tags:

    1. Akero drug
    2. liver scarring
    3. MASH patients
    4. liver disease treatment
    5. liver fibrosis reversal
    6. liver health study
    7. severe liver conditions
    8. medical research findings
    9. liver scarring treatment
    10. Akero pharmaceuticals

    #Akero #drug #reverses #liver #scarring #study #severe #MASH #patients

  • Akero Therapeutics Reports Preliminary Topline Results Showing Statistically Significant Reversal of Compensated Cirrhosis (F4) Due to MASH—by Both Completer and ITT Analyses—at Week 96 in Phase 2b SYMMETRY Study


    Akero Therapeutics Inc.
    Akero Therapeutics Inc.

    Among patients with baseline and week 96 biopsies, 39% of the 50mg EFX group (p=0.009) demonstrated ≥1 stage improvement in fibrosis with no worsening of MASH, representing a 24% effect size over placebo at 15%

    By ITT analysis, with all missing week 96 biopsies treated as failures, 29% of the 50mg EFX group (p=0.031) demonstrated ≥1 stage improvement in fibrosis with no worsening of MASH, representing a 17% effect size over placebo at 12%

    Investor webcast at 8:00 am ET Monday, January 27, 2025

    SOUTH SAN FRANCISCO, Calif., Jan. 27, 2025 (GLOBE NEWSWIRE) — Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage company developing transformational treatments for patients with serious metabolic disease marked by high unmet medical need, today released preliminary topline week 96 results from SYMMETRY, a Phase 2b study evaluating the efficacy and safety of its lead product candidate efruxifermin (EFX) in patients with biopsy-confirmed compensated cirrhosis (F4), Child-Pugh Class A, due to metabolic dysfunction-associated steatohepatitis (MASH). Among patients with baseline and week 96 biopsies (n=134), 39% of patients treated with 50mg EFX (n=46) (p=0.009) experienced reversal of cirrhosis with no worsening of MASH, compared to 15% for placebo (n=47). In the Intent to Treat (ITT) population (n=181), with all missing week 96 biopsies treated as failures, 29% of patients in the 50mg EFX group (n=63) (p=0.031) experienced reversal of cirrhosis with no worsening of MASH, compared to approximately 12% in the placebo group (n=61).

    With more than a doubling of effect size from weeks 36 to 96 in the 50mg group (from 10% to 24%), the SYMMETRY study underscores the benefit of longer EFX treatment for patients with compensated cirrhosis (F4).

    In a subgroup of patients with baseline and week 96 biopsies who were not taking GLP-1 at baseline (n=97), 45% in the 50mg EFX group experienced reversal of cirrhosis with no worsening of MASH (n=29) (p=0.009) compared to 17% for placebo (n=36), suggesting that the observed reversal of cirrhosis was not attributable to GLP-1 therapy.

    “Until today, we’ve not had the prospect of an effective treatment for compensated cirrhosis due to MASH, which is associated with high rates of short-term morbidity and mortality,” said Mazen Nourredin, M.D., Professor of Medicine and Transplant Hepatologist at Houston Methodist Hospital, and principal investigator for the SYMMETRY study. “Now we have reason to be optimistic about the future potential of EFX as a much-needed treatment for cirrhosis, if approved. I’m so happy for my patients and patients all around the world.”



    Akero Therapeutics, a biotechnology company focused on developing innovative treatments for serious metabolic diseases, has announced exciting preliminary topline results from its Phase 2b SYMMETRY study. The study evaluated the efficacy of Akero’s investigational drug in treating compensated cirrhosis (F4) due to metabolic dysfunction-associated fatty liver disease (MAFLD).

    The results of the study showed a statistically significant reversal of compensated cirrhosis at Week 96, as demonstrated by both completer and intent-to-treat (ITT) analyses. This is a major milestone in the field of liver disease treatment, as compensated cirrhosis is a severe and irreversible stage of liver damage that can lead to life-threatening complications if left untreated.

    “We are thrilled to see such promising results from our Phase 2b SYMMETRY study,” said John M. Taylor, CEO of Akero Therapeutics. “The reversal of compensated cirrhosis in patients with MAFLD is a significant achievement and represents a potential breakthrough in the treatment of this debilitating disease.”

    These findings signal a potential new treatment option for patients with MAFLD and offer hope for those suffering from advanced liver disease. Akero Therapeutics plans to continue investigating the efficacy and safety of its drug in larger clinical trials, with the goal of bringing this promising therapy to patients in need.

    Stay tuned for more updates on Akero Therapeutics and the progress of its investigational drug in the treatment of MAFLD.

    Tags:

    Akero Therapeutics, Preliminary Topline Results, Compensated Cirrhosis, MASH, Phase 2b SYMMETRY Study, Reversal of Cirrhosis, Statistically Significant Results, Week 96 Analysis, Completer Analysis, ITT Analysis

    #Akero #Therapeutics #Reports #Preliminary #Topline #Results #Showing #Statistically #Significant #Reversal #Compensated #Cirrhosis #Due #MASHby #Completer #ITT #Analysesat #Week #Phase #SYMMETRY #Study

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