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Novo Nordisk to Acquire Akero Therapeutics to Expand MASH Portfolio

Story Highlights
  • Novo Nordisk is acquiring Akero Therapeutics for $4.7 billion to enhance its MASH treatment portfolio.
  • The acquisition aligns with Novo Nordisk’s strategy to expand offerings in diabetes and obesity-related conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Novo Nordisk to Acquire Akero Therapeutics to Expand MASH Portfolio

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Novo Nordisk ( (NVO) ) has shared an update.

On October 9, 2025, Novo Nordisk announced its acquisition of Akero Therapeutics, a clinical-stage company specializing in treatments for serious metabolic diseases, for approximately $4.7 billion. This acquisition aims to enhance Novo Nordisk’s portfolio in treating metabolic dysfunction-associated steatohepatitis (MASH), a prevalent obesity-related comorbidity. The acquisition aligns with Novo Nordisk’s strategy to expand its offerings in diabetes and obesity-related conditions, potentially positioning efruxifermin as a cornerstone therapy for MASH. The transaction is expected to close around the turn of the year, with financial implications including a negative impact on Novo Nordisk’s 2025 free cash flow outlook and increased R&D costs in 2026.

The most recent analyst rating on (NVO) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Novo Nordisk stock, see the NVO Stock Forecast page.

Spark’s Take on NVO Stock

According to Spark, TipRanks’ AI Analyst, NVO is a Outperform.

Novo Nordisk’s overall stock score reflects strong financial performance and a fair valuation, supported by robust sales growth in international markets. However, mixed technical indicators and a lowered full-year outlook due to U.S. market challenges slightly temper the score.

To see Spark’s full report on NVO stock, click here.

More about Novo Nordisk

Novo Nordisk is a leading global healthcare company founded in 1923 and headquartered in Denmark. The company focuses on defeating serious chronic diseases, particularly in diabetes, by pioneering scientific breakthroughs and expanding access to its medicines. As of August 2025, Novo Nordisk employed about 78,400 people in 80 countries and markets its products in around 170 countries.

Average Trading Volume: 17,872,156

Technical Sentiment Signal: Sell

Current Market Cap: $260B

See more data about NVO stock on TipRanks’ Stock Analysis page.

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