Akero (AKRO) Q2 Loss Narrows 6%

Akero Therapeutics (NASDAQ:AKRO), a biotechnology company focused on developing medicines for fatty liver diseases, released its second-quarter results on August 8, 2025. The most notable news in this quarter was continued progress in clinical trials for its lead drug candidate, efruxifermin (EFX), including positive data publications and conference presentations. Akero reported a GAAP net loss per share of ($0.86), $0.06 less than analysts had estimated. The company did not report revenue, as expected given its pre-commercial status. Akero’s operating expenses (GAAP) climbed to $80.9 million, mainly reflecting higher research spending as Phase 3 trials scaled up. Overall, the quarter saw meaningful scientific and operational milestones, with financial performance largely tracking expectations given the stage of development. Source: Analyst estimates for the quarter provided by FactSet. Akero Therapeutics’ main objective is developing new treatments for liver diseases resulting from abnormal fat accumulation, specifically conditions such as metabolic dysfunction-associated steatohepatitis (MASH). The company’s strategy revolves around its lead drug candidate, efruxifermin (EFX), a biological drug designed to mimic the natural hormone FGF21 and target both fibrotic and metabolic elements of MASH.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool