Boehringer Ingelheim received FDA breakthrough therapy designation for survodutide, a dual GLP-1 and glucagon receptor agonist, for treating non-cirrhotic MASH and moderate or advanced fibrosis. The company initiated two Phase III trials, LIVERAGE and LIVERAGE-Cirrhosis, evaluating survodutide in MASH patients with moderate or advanced fibrosis and cirrhosis, respectively. The MASH market is projected to reach $25.7bn by 2032.