Akero Therapeutics

About:

Akero Therapeutics is a biotechnology company focused on reversing the NASH epidemic by restoring the body’s metabolism to a balanced state.

Website: http://akerotx.com/

Top Investors: Hercules Capital, Cormorant Asset Management, Apple Tree Partners, Biotechnology Value Fund, Janus Henderson Investors

Description:

Akero Therapeutics is committed to providing meaningful treatment options for people with serious metabolic diseases like non-alcoholic steatohepatitis (NASH), a disease marked by inflammation in the liver and liver cell damage resulting in fibrosis, cirrhosis, liver failure, and death. The company is developing pioneering medicines designed to restore metabolic balance and halt NASH progression. Akero's lead clinical program, AKR-001, is a long-acting Fc fusion modified FGF21 protein and potential best-in-class treatment for NASH. The AKR-001 builds upon two decades of work on FGF21 biology. It is designed to affect both the liver and adipose tissue, reducing liver fat and suppressing inflammation and fibrosis.

Total Funding Amount:

$951M

Headquarters Location:

Cambridge, Massachusetts, United States

Founded Date:

2017-01-01

Contact Email:

info(AT)akerotx.com

Founders:

Jonathan Young, Tim Rolph

Number of Employees:

11-50

Last Funding Date:

2024-03-05

IPO Status:

Public

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