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Novo Nordisk completes acquisition of Akero Therapeutics

Dec 09, 2025

Acquiring Company

Novo Nordisk

Acquired Company

Akero Therapeutics

DenmarkSouth San FranciscoManufacturingScience And EngineeringBiotechnologyHealth CareTherapeutics

Description

Novo Nordisk has finalized its acquisition of Akero Therapeutics for 54 USD per share, equating to a total value of 4.7 billion USD. Akero will now operate as a wholly owned subsidiary of Novo Nordisk, and its common stock will no longer be listed on Nasdaq. This acquisition aims to enhance Novo Nordisk's capabilities in treating chronic diseases.

Quick answer

Novo Nordisk is acquiring Akero Therapeutics, announced December 9, 2025. Novo Nordisk is based in Denmark.

How much did Novo Nordisk pay for Akero Therapeutics?
The deal value was not disclosed.
What does Novo Nordisk do?
Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark.
Where are Novo Nordisk and Akero Therapeutics based?
Novo Nordisk is based in Denmark. Akero Therapeutics is based in South San Francisco, California, United States.
Who are the decision-makers at Novo Nordisk?
Fundz holds 2 contacts at Novo Nordisk. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Novo Nordisk

Location

Denmark

About

Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 47,000 people in 80 countries and markets its products in around 170 countries.

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Frequently asked

Who acquired Akero Therapeutics?

Akero Therapeutics was acquired by Novo Nordisk, based in Denmark. The deal was reported on December 9, 2025. Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Novo Nordisk is privately held and operates in Manufacturing.

When did Novo Nordisk acquire Akero Therapeutics?

Novo Nordisk's acquisition of Akero Therapeutics was reported on December 9, 2025. Novo Nordisk has finalized its acquisition of Akero Therapeutics for 54 USD per share, equating to a total value of 4.7 billion USD. Akero will now operate as a wholly owned subsidiary of Novo Nordisk, and its common stock will no longer be listed on Nasdaq. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Akero Therapeutics do?

Akero Therapeutics, Inc. is a clinical-stage company developing transformational treatments for patients with serious metabolic disease. It is privately held, operating in Biotechnology, and is based in South San Francisco.

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