Akero Therapeutics expects its promising experimental MASH drug will be used to treat patients with advanced fibrosis if it receives FDA approval, likening MASH to the dense diabetes market.
Earlier this week, Akero shared mid-stage data that showed its metabolic dysfunction-associated steatohepatitis (MASH) drug helped improve fibrosis. The readout sent its stock soaring on Monday, and Akero then announced plans to raise $319 million in a public offering.
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