Akero Therapeutics, Inc. - Common Stock (AKRO)
Competitors to Akero Therapeutics, Inc. - Common Stock (AKRO)
Galmed Pharmaceuticals Ltd. GLMD -2.67%
Galmed Pharmaceuticals develops therapies for liver diseases, particularly focusing on its lead compound, Aramchol, for treating NASH. Like Akero, Galmed is competing in the same therapeutic area with a similar target indication. However, Akero tends to lead in specific aspects of clinical efficacy and data transparency. Galmed's competitive edge lies more in its developmental pipeline and international collaborations, yet Akero's innovations may position it favorably in future clinical trials.
Hepion Pharmaceuticals, Inc. HEPA -0.35%
Hepion Pharmaceuticals focuses on developing novel treatments for liver diseases with their lead candidate, CRV431, which is aimed at NASH and other liver conditions. The competition lies in drug development timelines and clinical progress. Hepion is in a collaborative phase with various institutions, which may aid in accelerating development. However, Akero's advanced clinical stages and potential regulatory pathways present a stronger position in terms of leading towards a successful launch.
Intercept Pharmaceuticals, Inc.
Intercept Pharmaceuticals is focused on developing treatments for liver diseases, primarily non-alcoholic steatohepatitis (NASH) and primary biliary cholangitis (PBC). Both companies target similar indications in liver diseases, and Intercept has completed late-stage clinical trials for its lead product, Ocaliva, which gives it a more established market presence. This long-standing presence allows Intercept to leverage existing relationships with physicians and healthcare systems, creating a significant competitive advantage over Akero.
Madrigal Pharmaceuticals, Inc. MDGL -2.08%
Madrigal Pharmaceuticals is developing its lead compound, Resmetirom, for the treatment of NASH and other liver diseases. With strong clinical results in ongoing trials and a focus on other related metabolic disorders, Madrigal competes by showcasing robust efficacy and safety data. It appears to be gaining traction and could potentially secure regulatory approval before Akero, which could enhance its competitive standing significantly.
NantKwest, Inc.
NantKwest operates in the immunotherapy space with a focus on treating cancer, primarily through cell-based therapies. Although their focus is on oncology rather than liver diseases, they compete for investor attention and funding in the biotech sector, particularly for innovative therapies that leverage advanced technologies. Akero’s specific focus on liver diseases sets it apart, but NantKwest's broader scope in cancer immunotherapy gives it a unique edge in attracting investors interested in various medical fields.