Akero Therapeutics (AKRO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Akero Therapeutics, Inc. (Nasdaq: AKRO), a cardio-metabolic non-alcoholic steatohepatitis (NASH) company developing pioneering medicines designed to restore metabolic balance and improve the overall health of NASH patients, today announced that members of the management team will participate in a fireside chat at the Jefferies Virtual Healthcare Conference at 10:30 a.m. ET on Tuesday, June 2, 2020.

Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]

Akero Therapeutics, Inc. (AKRO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

Akero Therapeutics, Inc. (Nasdaq: AKRO), a cardio-metabolic non-alcoholic steatohepatitis (NASH) company developing pioneering medicines designed to restore metabolic balance and improve the overall health of NASH patients, today reported first quarter financial results for the period ending March 31, 2020.

SAN FRANCISCO , Nov. 13, 2019 /PRNewswire/ -- Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage biotechnology company developing transformational treatments for patients with non-alcoholic steatohepatitis ...

Akero Therapeutics, Inc. (Nasdaq: AKRO) today announced that all three AKR-001 dose groups in the BALANCED study met the primary endpoint of absolute change from baseline in liver fat as measured by magnetic resonance imaging – proton density fat fraction (MRI-PDFF) – at week 12. Results for the primary endpoint as well as other week 12 efficacy endpoints are summarized in the table below.

Is (AKRO) Outperforming Other Medical Stocks This Year?

Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage biotechnology company developing transformational treatments for patients with non-alcoholic steatohepatitis (NASH) and other serious metabolic disorders, today announced that CEO Andrew Cheng, M.D., Ph.D., will provide a business overview and update at the J.P. Morgan Healthcare Conference at 7:30 AM Pacific time on Wednesday, January 15, 2020.

Akero Therapeutics (AKRO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Akero Therapeutics, Inc. (Nasdaq: AKRO), a cardio-metabolic non-alcoholic steatohepatitis (NASH) Company developing pioneering medicines designed to restore metabolic balance and improve overall health of NASH patients, today reported fourth quarter and full year financial results for the period ending December 31, 2019.

Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage biotechnology company developing transformational treatments for patients with non-alcoholic steatohepatitis (NASH) and other serious metabolic disorders, today announced that it has completed enrollment in the Phase 2a BALANCED study of AKR-001, a novel FGF21 analog, for the treatment of NASH.

Here's a roundup of top developments in the biotech space over the last 24 hours:Scaling The Peaks (Biotech stocks that hit 52-week highs March 30.) * Athersys Inc (NASDAQ: ATHX) (reacted to $7-million capital injection by Japanese partner) * Quidel Corporation (NASDAQ: QDEL)Down In The Dumps (Biotech stocks that hit 52-week lows March 26.) * Gritstone Oncology Inc (NASDAQ: GRTS) * Opko Health Inc. (NASDAQ: OPK) * Second Sight Medical Products Inc (NASDAQ: EYES) (announced winding down of operations in the wake of COVID-19 pandemic) * Trevi Therapeutics Inc (NASDAQ: TRVI)Stocks In Focus Court Rules Against Amarin In Vascepa Litigation Amarin Corporation plc (NASDAQ: AMRN) shares came under pressure after the U.S. District Court for the District of Nevada ruled in favor of two generic companies in the patent litigation brought by Amarin related to its Vascepa capsule franchise.Amarin said the two companies have filed ANDAs -- regulatory filings for approval of a generic drug -- with the FDA for Vascepa. Amarin said it disagrees with the ruling and will pursue all available remedies, including appealing the decision and seeking a preliminary injunction pending appeal, if the ANDAs submitted by the two companies are approved by the FDA.The stock was down 69.66% at $4.12 in Tuesday's premarket session. CytomX Pockets $40M Milestone Payment For Cancer Drug CytomX Therapeutics Inc (NASDAQ: CTMX) said it achieved a clinical milestone related to its CX-2029, a prodrug drug conjugate against CD71, a cell surface protein essential for iron uptake in dividing cells. The milestone relates to achievement of pre-specified criteria for the dose escalation phase of the ongoing Phase 1/2 study, and this has kicked in $40 million in milestone payments to CytomX.CytomX is co-developing CX-2029 with AbbVie Inc (NYSE: ABBV) following a 2016 licensing agreement."CD71 is highly expressed in a number of solid and hematologic cancers and has attractive molecular properties for efficient delivery of cytotoxic payloads to tumor cells," CytomX said.Issuing a clinical update in light of the COVID-19 pandemic, CytomX said it has decided to temporarily pause new patient enrollment and new site activation in the study evaluating CX-2009 and has also opted to terminate the study evaluating the anti-PD-L1 Probody CX-072 in combination with Bristol-Myers Squibb Co's (NYSE: BMY) Yervoy in melanoma.CytomX shares were trading 6.72% to $7.15 in Tuesday's premarket session. See also: The Week Ahead In Biotech: Clinical Readouts, COVID-19 News Flow In Focus Amid Continuing Uncertainty Esperion Commercially Launches Non-Statin LDL-Cholesterol Lowering Drug Esperion Therapeutics Inc (NASDAQ: ESPR) announced commercial availability of its bempedoic acid (brand name Nexletol) tablet, indicated for lowering LDL-cholesterol, in the U.S.The company said the tablet is now available at a list price of around $10 per day to payers.The stock was adding 1.53% to $34.50 in premarket trading Tuesday.Reata Stops Late-Stage Study Of Lead Drug In Hypertension Due To COVID-19 Risk Reata Pharmaceuticals Inc (NASDAQ: RETA) said it has decided, in consultation with Data Safety Monitoring Board, to stop its Phase 3 CATALYST study due to the risk of severe adverse outcomes associated with COVID-19 among patients with respiratory and autoimmune diseases.The study was evaluating its bardoxolone methyl in patients with connective tissue disease-associated pulmonary arterial hypertension. The company said the decision is not due to any safety issues with the investigational asset.View more earnings on IBBReata said it will also close the RANGER study, an open-label extension study of bardoxolone in patients with PAH. It also temporarily paused enrollment of new patients in the Phase 3 FALCON trial in patients with autosomal dominant polycystic kidney disease.The stock was sliding 9.81% to $146 in premarket trading Tuesday.Savara Stops Enrollment In 2 Cystic Fibrosis Studies Savara Inc (NASDAQ: SVRA) said it is has terminated enrollments into two studies, ENCORE and AVAIL, citing patient safety amid the COVID-19 pandemic.AVAIL is a Phase 3 study evaluating AeroVanc in cystic fibrosis patients, who have methicillin-resistant Staphylococcus aureus lung infection, while ENCORE is a Phase 2a study evaluating Molgradex in nontuberculous mycobacterial lung infection in CF patientsIn premarket trading Tuesday, Savara shares were moving down 7.66% to $2.17.Akero Reports Positive Midstage Results For NASH Drug Akero Therapeutics Inc (NASDAQ: AKRO) announced positive results for the Phase 2a BALANCED study that evaluated three doses of investigational non-alcoholic steatohepatitis, or NASH, therapy AKR-001. The company noted that for all the three doses, the study met the primary endpoint of absolute change from baseline in liver fat as measured by magnetic resonance imaging - proton density fat fraction at week 12.The company said it will report top-line safety/tolerability, lab measures and paired biopsy data from the study in the second quarter.Akero, however, said it is delaying the planned initiation of the BALANCED study cohort C in NASH patients who have compensated cirrhosis, Child-Pugh Class A. Verona Pharma's Inhaled Ensifentrine Found Efficacious In Midstage COPD Study VERONA PHARMA P/S ADR (NASDAQ: VRNA) announced positive efficacy and safety data with a single dose of pressurized metered-dose inhaler formulation of ensifentrine in a Phase 2 study in patients with moderate to severe chronic obstructive pulmonary disease.The company noted that data from the single dose part (Part A) of the study demonstrated a statistically significant and clinically meaningful increase in lung function as measured by forced expiratory volume in one second compared to placebo.Lily Announces Licensing Agreement For Immunometabolic Drugs Eli Lilly And Co (NYSE: LLY) announced a licensing and collaboration agreement with privately held Sitryx to discover and develop immunometabolic medicines. The collaboration will study up to four novel preclinical targets identified by Sitryx that could lead to potential new medicines for autoimmune diseases.Sitryx stands to receive a $50-million upfront payment and also a $10-million equity investment from Lilly. The former is also eligible to receive potential development milestones up to $820 million, as well as commercialization milestones and royalty payments on potential sales in the mid- to high-single digit range.In premarket trading Tuesday, Lilly shares were down 1.76% at $136. Iterum To Delay Late-Stage Readout Of Urinary Tract Infection Drug Iterum Therapeutics PLC (NASDAQ: ITRM) announced a delay in the release of top-line data from the pivotal Phase 3 studies of sulopenem in complicated urinary tract infection and uncomplicated urinary tract infection from the first quarter to early second quarter.Earnings Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) reported flat fourth-quarter revenue of $1.2 million and a loss of 8 cents per share, narrower than the year-ago loss of 29 cents per share. The loss was in line with expectations.The company also hinted at a possible delay in the European launch of buprenorphine implant, its novel six-month maintenance treatment for opioid use disorder, as its commercialization partner Molteni is located in Italy.The stock was seen shedding 9.52% to 25 cents in premarket trading Tuesday.Alpine Immune Sciences Inc (NASDAQ: ALPN) reported fourth-quarter collaboration revenue of $884,000 in 2019 compared to zero revenue a year ago. The net loss per share narrowed from 80 cents to 33 cents. Analysts estimated a wider loss of 58 cents per share.In premarket trading, Alpine shares were rallying 22.57% to $3.15. On The Radar Earnings * Trinity Biotech plc (NASDAQ: TRIB) (before the market open) * I-Mab ADR (NASDAQ: IMAB) (before the market open) * China Pharma Holdings, Inc. (NYSE: CPHI) (before the market open) * Milestone Scientific Inc. (NYSE: MLSS (before the market open) * BioNTech SE - ADR (NASDAQ: BNTX) (time not supplied)Related Link: COVID-19 Vaccine Updates: J&J Identifies Lead Candidate, IMV Eyes Clinical Testing In Summer, Altimmune Partners With University Of Alabama See more from Benzinga * The Daily Biotech Pulse: Sanofi-Translate Bio Join Hands For Coronavirus Vaccine, TherapeuticsMD Suspends Guidance * The Daily Biotech Pulse: FDA Nod For Bristol-Myers Squibb, Xencor Licenses Tech To Vir For COVID-19 Treatment, Delay In Pfizer's Upjohn-Mylan Merger(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

What do fatty liver disease, asthma and a rare genetic condition called Familial Mediterranean Fever have in common? A newly launched biotech company believes they can all be treated with one approach.

The fear of the coronavirus spreading further afield hasn’t dampened investors’ appetite. The major indexes continue to trade at all-time highs, with both the S&P 500 and Nasdaq Composite touching new milestones earlier this week.According to Canaccord's chief market strategist Tony Dwyer there are several reasons the outlook for the markets remains bullish. “You have full employment with easy money and high money availability, high confidence and a millennial demographic that’s going into the household formation years,” he said.With this in mind, we pulled up three of Canaccord’s recent stock picks which the renowned investment firm thinks can soar in the coming months – by over 50% each, as it happens. Just to be safe, we run them through TipRanks Stock Screener tool to ensure that other analysts agree with Canaccord. Let’s take a closer look.SeaSpine Holdings (SPNE)SeaSpine’s 2020 has gotten off to a bright start; the medical device company is up by 36% year-to-date. According to Cannacord’s Kyle Rose, there is yet more to come.SeaSpine designs, develops and sells surgical equipment for the treatment of spinal disorders. The company's ever-expanding portfolio of products has been growing impressively; 22 launches between 2016-2018, 7 more last year and a further 12 expected this year.The global spinal implant market is the largest division within the musculoskeletal space and is worth over $10 billion. The space is ideally suited to smaller, pure play companies such as SeaSpine, as the spine market’s focus on education and physician relationships rewards innovation. The company has strategically invested in its sales arm and has a strong distribution channel, too.Rose sees “smooth sailing and share-taking ahead for SPNE in 2020." The 5-star analyst cites new products, improving distribution and a clean balance sheet as reasons to be optimistic.He said, “SeaSpine management has clearly put an emphasis on new product development in order to differentiate away from an older, legacy portfolio. New, innovative products are not only key to fighting off competitive pressures, but also crucial for retaining the mindshare of distributors as the company works to retain key existing distributors and transition to exclusive relationships that incentivize near and long-term growth.”It's no surprise to learn, then, that Rose initiated coverage of SPNE with a Buy rating. The price target of $25 conveys the analyst’s belief SeaSpine can add an extra 55% to its share price over the next 12 months. (To watch Rose’s track record, click here)The Street adjusts its posture and concurs; SeaSpine’s Moderate Buy consensus rating breaks down into 5 Buys and 1 Sell. At $20.50, the average price target indicates further possible upside of 27%. (See SeaSpine stock analysis on TipRanks)American Superconductor (AMSC)From spinal solutions to solving energy issues, where we come across American Superconductor. The energy technology company designs and manufactures power systems and superconducting wire, providing megawatt-scale solutions across the globe. The company has a two -pronged approach, focusing both on Wind and Grid.According to Canaccord’s Chip Moore, AMSC’s management of power flows are tied to several attractive long-term secular drivers. The 5-star analyst notes that with distributed generation assets on the rise and accelerating adoption of electric vehicles, the need for increased grid reliability is key. AMSC’s REG (Resilient Electric Grid) links together critical substations via its Amperium HTS wire (which allows systems to flexibly redirect power) which, in turn, helps tackle this issue in urban environments. The first key project (ComEd) is making headway in Chicago, with more to come should it prove a success.Moore noted, “We find management making good strides in commercialization of several attractive markets (beyond wind), supporting reduced future volatility and what we view as a path toward sustainable cash generation. With ~$68M of cash and investments on the balance sheet, a more reasonable valuation following last year’s pullback, and a rapidly approaching breakeven (~$25M of sales per quarter), we see good future potential for aggressive growth-type investors.”What does it mean, then? It means the 5-star analyst initiates coverage of AMSC with a Buy rating. Moore sets a price target of $13, indicating potential upside of 65%. (To watch Moore’s track record, click here)The grid is currently operating quietly on the Street, with only one additional analyst chiming in with a view on AMSC’s prospects. The additional Buy, though, means the energy solutions provider rates as a Moderate Buy. With an average price target of $13.5, investors could be pocketing a 72% gain over the coming months. (See American Superconductor stock analysis on TipRanks)Akero Therapeutics (AKRO)This clinical-stage biotech was only founded in 2017 and went public in June of last year. Akero Therapeutics might be a young company but has already been turning heads on the Street; Its share price is up by 54% since its first day on the market.The company’s focus is on the development of medicines to reverse the course of serious metabolic diseases, specifically ones with high unmet medical needs (orphan diseases).Akero’s lead candidate is AKR-001, a treatment for NASH disease (Non-Alcoholic SteatoHepatitis), a fatty liver disease, for which there are currently no specific drugs available. The market for NASH medications is expected to increase considerably over the next few years, and whoever will bring a viable solution to into play stands to cash in handsomely. The drug is currently in a Phase 2 trial with top-line data expected this quarter.Following promising data from a Phase 1 trial, Cannacord’s Edward Nash believes Akero’s AKR-01 “has demonstrated superior molecule design advantages.” Furthermore, the 4-star analyst thinks Akero has an impressive management team with “significant biotech and pharma financing, drug development, regulatory and launch experience.”Nash said, “Our model assumes a NASH population with stage 1-3 fibrosis, a 35% diagnosis rate and 80% treatment rate, resulting in a 2.1M target market eligible for AKR-001 treatment. Assuming a modest 5% penetration rate in 2029, the out-year of our model, and pricing in-line with branded type 2 diabetes medications, we conservatively project Akero to book worldwide revenue of ~$1.1B. With ~$148M in cash and equivalents reported at the end of 3Q19 we believe the company is well capitalized to achieve meaningful clinical milestones before funding is required.”Accordingly, Nash initiated coverage on the NASH fighter with a Buy rating and a $36 price target. The potential upside, should the target be met, comes in at 52%. (To watch Nash’s track record, click here)What does the Street think of Akero’s prospects? The sole Buy ratings – 5, in fact – bestow a Strong Buy consensus rating on the promising biotech. With an average price target of $32.8, analysts see the potential for a 31% increase to the share price over the coming year. (See Akero stock analysis on TipRanks)

Akero Therapeutics Inc (AKRO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

Akero, Dermira, Global Blood Therapeutics and Moderna all have drugs that could hit $1 billion in sales Continue reading...

Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage biotechnology company developing transformational treatments for patients with non-alcoholic steatohepatitis (NASH) and other serious metabolic disorders, today announced that the ongoing Phase 2a BALANCED study of AKR-001 is being expanded to include an additional cohort of subjects with NASH who have compensated cirrhosis (F4), Child-Pugh Class A.

Akero Therapeutics, Inc. (Nasdaq: AKRO) today announced that the company plans to discuss the primary endpoint and other Week 12 efficacy endpoint results from the ongoing Phase 2a BALANCED study of AKR-001 in patients with biopsy-confirmed nonalcoholic steatohepatitis, or NASH, in a pre-market press release and webcast to be held on Tuesday, March 31, 2020.

Akero Therapeutics (AKRO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well