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Aclaris Therapeutics Inc - ACRS STOCK NEWS

Welcome to our dedicated page for Aclaris Therapeutics news (Ticker: ACRS), a resource for investors and traders seeking the latest updates and insights on Aclaris Therapeutics stock.

Aclaris Therapeutics Inc (NASDAQ: ACRS) is a clinical-stage biopharmaceutical leader focused on pioneering therapies for immuno-inflammatory and dermatologic diseases. This page serves as the definitive source for verified news and press releases related to ACRS's research advancements, strategic partnerships, and operational developments.

Investors and industry professionals will find timely updates on clinical trial progress, regulatory milestones, and financial announcements. The curated collection includes updates on novel drug candidates like kinase inhibitors and antibody therapies targeting conditions with significant unmet medical needs.

All content is organized to provide clear insights into ACRS's dual-segment operations – from therapeutic innovations to contract research services. Regular updates ensure stakeholders stay informed about licensing agreements, pipeline expansions, and scientific breakthroughs without promotional bias.

Bookmark this page for streamlined access to essential Aclaris Therapeutics updates. Check back frequently for authoritative reporting on developments impacting both clinical research and investment considerations in the biopharmaceutical sector.

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Aclaris Therapeutics, Inc. (NASDAQ: ACRS) announced that the FDA has allowed its Investigational New Drug (IND) application for ATI-2138, an oral ITK/TXK/JAK3 inhibitor aimed at treating psoriasis. The company is set to provide more details on this and other drug candidates during a virtual R&D Day on December 7, 2021. Topics will include ATI-450 and ATI-2231, both MK2 inhibitors, and an Oral Gut-restricted Discovery Program. Participation in this event can be accessed via conference call or webcast from Aclaris’ website.

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Aclaris Therapeutics, Inc. (NASDAQ: ACRS) announced participation in two upcoming investor conferences. Dr. Neal Walker, President and CEO, will engage in a virtual fireside chat at the Jefferies London Healthcare Conference on November 18, 2021, at 3:00 a.m. ET. Additionally, he will participate in the Piper Sandler 33rd Annual Virtual Healthcare Conference on November 22, 2021, at 10:00 a.m. ET. Virtual one-on-one meetings will also be available. Live webcasts can be accessed via Aclaris’ website, and recordings will be archived for 30 days.

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Aclaris Therapeutics (NASDAQ: ACRS) reported a net loss of $21.1 million for Q3 2021, compared to $10.7 million in Q3 2020, with total revenue of $1.7 million, up from $1.4 million year-over-year. R&D expenses surged to $14.0 million, influenced by efforts to advance zunsemetinib, an investigational drug for rheumatoid arthritis. The company holds $243.6 million in cash and equivalents, projected to sustain operations through 2024. Additionally, an investigational new drug application for ATI-2138 was submitted, marking potential expansion in immuno-inflammatory treatments.

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Aclaris Therapeutics, Inc. (NASDAQ: ACRS) announced a Settlement Hearing set for November 30, 2021, regarding the Consolidated Derivative Action in the U.S. District Court for the Southern District of New York. Judge Lewis J. Liman granted preliminary approval for the settlement on August 18, 2021, which includes corporate governance reforms and attorneys' fees paid by Aclaris' insurer. Stockholders can object to the Proposed Settlement until November 16, 2021. Final approval from the Court is not assured.

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Aclaris Therapeutics, a clinical-stage biopharmaceutical company listed on NASDAQ under the symbol ACRS, announced their participation in two upcoming investor conferences. Dr. Neal Walker, President and CEO, will present at the H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021, and at the 2021 Cantor Virtual Global Healthcare Conference on September 27, 2021. Both events will include opportunities for virtual one-on-one meetings. Webcasts of the presentations will be available on the Aclaris website for 30 days.

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Aclaris Therapeutics (ACRS) reported a net loss of $18.2 million for Q2 2021, an increase from $11.6 million in Q2 2020. Total revenue reached $1.8 million, slightly down from $2.0 million a year earlier. R&D expenses rose to $7.9 million, driven by development of ATI-450 and ATI-2138. The company successfully secured $134.9 million in net proceeds from a public offering in June, allowing them to extend their cash runway through late 2024. Preliminary positive topline data for the Phase 2a trial of ATI-1777 in atopic dermatitis was also announced.

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Aclaris Therapeutics, Inc. (NASDAQ: ACRS) announced that Dr. Neal Walker, President and CEO, will participate in a virtual panel at the William Blair Biotech Focus Conference on July 15, 2021, at 11:00 a.m. ET. The panel discussion will focus on 'Novel Targets for Autoimmune Diseases.' Management will also be available for virtual one-on-one meetings throughout the day. A live webcast can be accessed on Aclaris' website and will be archived for 30 days.

Aclaris is dedicated to developing innovative drug candidates for immuno-inflammatory diseases.

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Aclaris Therapeutics, Inc. (Nasdaq: ACRS) announced a public offering of 7,042,254 shares at $17.75 each, with expected gross proceeds of approximately $125 million. The underwriters have a 30-day option to purchase an additional 1,056,338 shares at the public offering price. The offering is set to close around June 14, 2021, pending customary conditions. Jefferies LLC, SVB Leerink LLC, and Piper Sandler & Co. serve as joint book-running managers. A registration statement was filed with the SEC, and details can be found in the prospectus available on the SEC's website.

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Aclaris Therapeutics, Inc. (Nasdaq: ACRS) announced plans for a public offering of $75 million in common stock, subject to market conditions. The company will offer up to an additional 15% of shares through a 30-day underwriter option. Jefferies LLC, SVB Leerink LLC, and Piper Sandler & Co. are leading the offering, with a registration statement already filed and effective as of May 20, 2021. The offering aims to generate funds for Aclaris' drug development pipeline targeting immuno-inflammatory diseases. However, there's no assurance of completion or specifics regarding the offering.

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Aclaris Therapeutics, Inc. (NASDAQ: ACRS) announced positive preliminary results from its Phase 2a trial of ATI-1777, a topical JAK inhibitor for moderate to severe atopic dermatitis. The trial showed a statistically significant reduction in the modified Eczema Area and Severity Index (mEASI) score by 74.4% in the ATI-1777 group compared to 41.4% in the control. The drug was generally well tolerated with no serious adverse events. Aclaris plans to advance ATI-1777 to Phase 2b development following these findings. Management will discuss the results in a conference call today at 8 AM ET.

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Nasdaq:ACRS

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ACRS Stock Data

123.29M
105.40M
2.65%
82.48%
4.41%
Diagnostics & Research
Pharmaceutical Preparations
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United States
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