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UPDATE 1-Akero's NASH drug reduces liver fat by 65% in some patients

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(Adds details of the study in paragraph 2-4)

June 5 (Reuters) -

Akero Therapeutics Inc said on Monday its experimental therapy reduced liver fat by 65% in a mid-stage study of patients with a type of fatty liver disease called nonalcoholic steatohepatitis (NASH).

The drug, efruxifermin, also met secondary goals as 88% of patients' absolute liver fat level normalized to 5 percent or less, compared to 10% treated with a type of diabetes drug alone, Akero said in a statement.

Data from the study showed the drug was safe and well-tolerated amongst patients, with most frequent adverse events related to use include diarrhea, nausea, and increased appetite.

Drug developer plans to commence two late-stage studies of the therapy later this year.

(Reporting by Khushi Mandowara in Bengaluru; Editing by Devika Syamnath and Nivedita Bhattacharjee)

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