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Novo Nordisk acquires Akero Therapeutics and its promising liver therapy for up to $5.2B
Proactiveinvestors NA· 2025-10-09 12:54
Core Insights - Proactive provides fast, accessible, and informative business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
押注肝病治疗赛道,诺和诺德豪掷52亿美元收购Akero
Hua Er Jie Jian Wen· 2025-10-09 12:16
Core Viewpoint - Novo Nordisk has agreed to acquire Akero Therapeutics for up to $5.2 billion to enhance its position in the treatment of metabolic diseases related to obesity, particularly focusing on a promising liver disease drug [1][4]. Group 1: Acquisition Details - The acquisition involves a cash payment of $54 per share, representing a 16% premium over Akero's closing price of $46.49 [1]. - An additional contingent value right (CVR) of $6 per share will be paid if the drug receives full approval in the U.S. by June 30, 2031 [1]. - Following the announcement, Akero's stock surged over 19% in pre-market trading, while Novo Nordisk's stock fell nearly 2% [1]. Group 2: Strategic Importance - The key asset in this acquisition is Akero's experimental drug efruxifermin, currently in late-stage trials for treating severe liver scarring due to metabolic dysfunction-associated steatotic liver disease (MASH) [4]. - Novo Nordisk believes efruxifermin has the potential to be the first therapy to reverse end-stage liver damage associated with MASH, aligning strategically with its existing product line [4]. - The acquisition reflects the growing importance of the MASH field and the competitive landscape of obesity drug markets, with other pharmaceutical giants also making significant acquisitions in this area [4]. Group 3: Leadership and Strategic Direction - This acquisition marks the first major deal under the new CEO Mike Doustdar, who took office in July and aims to boost sales growth amid competitive pressures from rivals like Eli Lilly [1][6]. - Doustdar has indicated a focus on developing next-generation obesity and diabetes drugs that can also treat MASH and related cardiovascular metabolic diseases, aligning with the strategic direction of this acquisition [6].
Akero Therapeutics Stock Soars on Novo Nordisk Deal.
Barrons· 2025-10-09 11:31
Core Points - Novo announced the acquisition of Akero for $54 per share in cash, with an additional $6 contingent on U.S. approval of Efruxifermin, a treatment for fatty liver disease [1] Company Summary - The acquisition price of $54 per share indicates a significant investment by Novo in Akero, reflecting confidence in the potential of Efruxifermin [1] - The additional $6 payment is contingent upon regulatory approval, highlighting the importance of U.S. market access for the success of Efruxifermin [1] Industry Summary - The deal underscores the growing interest in treatments for fatty liver disease, a condition that is becoming increasingly prevalent [1] - The acquisition may signal a trend of consolidation in the biopharmaceutical industry, particularly in the area of liver disease treatments [1]
Novo Nordisk to buy Akero for up to $5.2 billion for promising liver drug
Yahoo Finance· 2025-10-09 11:25
Group 1 - Novo Nordisk announced the acquisition of Akero Therapeutics for up to $5.2 billion to enhance its growth strategy under new CEO Mike Doustdar [1][2] - Akero's drug, efruxifermin, is in late-stage trials for treating severe liver scarring due to metabolic dysfunction-associated steatohepatitis (MASH) [2][3] - The acquisition includes an upfront payment of $54 per share, representing a 16.2% premium over Akero's last closing price [3][4] Group 2 - An additional payment of $6 per share will be made if efruxifermin receives full U.S. approval by June 30, 2031 [4] - Investors are urging Novo Nordisk to invest more in research and development to strengthen its drug pipeline and diversify beyond weight loss and diabetes [4] - Doustdar emphasized the focus on developing next-generation obesity and diabetes drugs that also address related cardiometabolic conditions like MASH [6]
Novo Nordisk is paying up to $5.2 billion for a San Francisco biotech working on liver disease
MarketWatch· 2025-10-09 10:59
Novo Nordisk, the Danish drugmaker behind Ozempic and other weight-loss drugs, said it's paying up to $5.2 billion to buy Akero Therapeutics, a biotech with a drug in a late-stage trial to treat a fat... ...
US stock futures: Dow, S&P 500, Nasdaq steady after record highs as gold nears $4,100, Nvidia gains export boost, TSMC revenue surges 30% — is a Fed rate cut next?
The Economic Times· 2025-10-09 10:39
Market Overview - The S&P 500 and Nasdaq Composite reached new all-time highs, continuing Wall Street's rally after a brief pause, with sentiment improving following the Federal Reserve's September meeting minutes indicating a likelihood of rate cuts in 2025 [2][22] - Futures for major indices showed slight changes, with S&P 500 futures at 6,802.00, up 0.75 points, and Dow Jones futures adding about 23 points [1][8] Gold Market - Gold futures traded near $4,057 per ounce, slightly down after surpassing the $4,000 mark earlier in the week, but still up over 50% year-to-date due to strong central bank demand and investor hedging amid uncertainty [3][19] - Analysts from BCA Research noted that while the long-term outlook for gold remains positive, short-term pullbacks may occur due to potential increases in real rates or a stronger dollar [18] Corporate Earnings - Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 30% increase in Q3 revenue, reaching $32.47 billion, driven by high demand from AI chip manufacturers Nvidia and AMD, resulting in a 3.5% rise in TSMC shares [6] - Akero Therapeutics saw its shares surge nearly 20% following Novo Nordisk's announcement of a $4.7 billion acquisition at $54 per share, with Akero's lead drug candidate in Phase 3 trials [13][14] - PepsiCo's stock rose approximately 1% after reporting Q3 earnings that exceeded expectations, with an adjusted EPS of $2.29 and revenue of $23.94 billion [17] AI and Technology Developments - Nvidia's shares gained 1% premarket after the US government approved new AI chip export licenses to the UAE, linked to a $1.4 trillion investment pledge in US projects, marking a significant diplomatic achievement for the Trump administration [7] - Investors are closely monitoring developments in AI trade policy and the Federal Reserve's interest rate outlook as the week progresses [21]
Novo Nordisk To Buy Akero Therapeutics for $4.7 Billion
WSJ· 2025-10-09 10:39
Core Insights - The acquisition is aligned with the company's strategy to develop medicines targeting diabetes, obesity, and related comorbidities [1] Company Strategy - The acquisition will enhance the company's portfolio in addressing health issues associated with diabetes and obesity [1]
Novo Nordisk to buy Akero Therapeutics for up to $5.2 billion
Yahoo Finance· 2025-10-09 10:31
Group 1 - Novo Nordisk has agreed to acquire Akero Therapeutics for up to $5.2 billion, gaining access to Akero's experimental liver disease drug [1] - The acquisition includes an upfront payment of $54 per share, representing a 16.2% premium over Akero's last closing price of $46.49 [2] - An additional payment of $6 per share will be made upon full U.S. approval of efruxifermin for treating compensated cirrhosis due to MASH by June 30, 2031 [2] Group 2 - Novo Nordisk's new CEO, Mike Doustdar, announced a restructuring plan that includes cutting 9,000 jobs to focus on developing next-generation obesity and diabetes drugs [3] - The company aims to concentrate on treatments for related cardiometabolic conditions, such as MASH, rather than diversifying into other disease areas [3] - Akero's drug, efruxifermin, is currently being studied for severe scarring or cirrhosis due to metabolic dysfunction-associated steatohepatitis (MASH) [4]
诺和诺德宣布以47亿美元收购生物制药公司Akero
Xin Lang Cai Jing· 2025-10-09 10:22
诺和诺德10月9日宣布已签署最终协议,收购Akero Therapeutics,该公司致力于为严重代谢性疾病患者 开发创新疗法。根据协议条款,诺和诺德将在交易完成时以每股54美元现金(总价值47亿美元)收购 Akero全部流通股。 来源:智通财经 ...
Novo Nordisk buys Akero Therapeutics in the US
Reuters· 2025-10-09 10:09
Danish drugmaker Novo Nordisk said on Thursday it had agreed to buy United States based Akero Therapeutics, a clinical-stage company developing innovative treatments for patients with serious metabolic diseases marked by a high unmet medical need. ...