Oct 9 (Reuters) - Novo Nordisk:
* TO ACQUIRE AKERO THERAPEUTICS AND ITS PROMISING PHASE 3
FGF21
ANALOGUE TO EXPAND MASH PORTFOLIO
* TO BUY AKERO FOR $4.7 BILLION IN CASH
* AKERO'S EFRUXIFERMIN SHOWS SIGNIFICANT FIBROSIS REGRESSION
IN
PHASE 2
* AKERO BOARD APPROVES DEAL, EXPECTED TO CLOSE YEAR-END
* DEAL NOT EXPECTED TO IMPACT NOVO NORDISK'S 2025 PROFIT
OUTLOOK
* 2025 FREE CASH FLOW OUTLOOK NEGATIVELY IMPACTED BY $4
BILLION
* FOR 2026, ACQUISITION IS EXPECTED TO LEAD TO INCREASED
RESEARCH
AND DEVELOPMENT T COSTS
* NEGATIVE IMPACT ON FY OPERATING PROFIT GROWTH IN 2026 OF
AROUND
3%-POINTS
* IMPLIED 2025 FREE CASH FLOW OUTLOOK IS THEREFORE 9-19
BILLION
DKK DEPENDING ON TIMING OF CLOSING
* 2026 PROFIT GROWTH IMPACTED BY 3%-POINTS DUE TO RESEARCH
AND
DEVELOPMENT COSTS
* TRANSACTION WILL BE MAINLY DEBT FINANCED
Source text:
Further company coverage:
(Gdansk Newsroom)