89bio Hopes Akero’s Success In Cirrhotic NASH Is Positive For FGF21 Class

Analysts say the cirrhosis-reversing benefit seen with Akero’s efruxifermin portends well for the entire class, and that 89bio might differentiate on safety, tolerability and dosing frequency.

Competitive edge and business advantage concept as a group of hot air balloons racing to the top but an individualleader with a small balloon attached giving the winning competitor an extra boost.
89bio has a plan to compete in NASH and the FGF21 analog space

89bio, Inc. thinks the Phase IIa data unveiled by Akero Therapeutics, Inc. in cirrhotic non-alcoholic steatohepatitis patients on 22 March shows the promise of the overall FGF21 analog class in NASH, including its Phase II BIO89-100. Several analysts appear to agree, issuing notes saying Akero’s ability to reverse cirrhosis with efruxifermin (EFX/AKR-001) should read through to the entire class and that 89bio’s candidate might offer the best overall profile among the FGF21s.

“I think [Akero’s] data actually is encouraging as additional histological confirmation of what an FGF21 analog can do in NASH,”...

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