Aclaris back on track with new money and promising deal
Aclaris Therapeutics (Nasdaq: ACRS) has announced an exclusive licensing agreement with Biosion for broad rights to two new antibodies.
The deal, which covers all territories outside China, Hong Kong, Macau and Taiwan, relates to BSI-045B, an antibody for atopic dermatitis (AD), and BSI-502, a pre-clinical molecule targeting TSLP and IL4R.
The announcement comes just a day after Aclaris revealed a private share placement at $2.25 per share, raising around $80 million. As of mid-morning Tuesday, the firm’s share price had risen to around $4.
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