Company Description
Aclaris Therapeutics, Inc. (NASDAQ: ACRS) is a clinical-stage biopharmaceutical company developing novel product candidates for immuno-inflammatory diseases. According to the company’s public statements, Aclaris focuses on patients who lack satisfactory treatment options and is building a multi-stage portfolio of small and large molecule drug candidates powered by its internal research and development engine.
Aclaris is classified in the pharmaceutical preparation manufacturing industry within the broader manufacturing sector. Its common stock is listed on The Nasdaq Stock Market under the symbol ACRS, and it has been included in the Nasdaq Biotechnology Index, which tracks biotechnology and pharmaceutical companies listed on Nasdaq that meet certain eligibility criteria.
Business focus and segments
Based on available information, Aclaris operates as a clinical-stage biopharmaceutical company with two primary areas of focus that align with the segments described in prior disclosures: a therapeutics business centered on immuno-inflammatory diseases, and a contract research business that generates contract research revenue. Recent financial reports show revenue from contract research and licensing, reflecting both its internal pipeline and external collaborations.
The company has described its pipeline as consisting of product candidates designed to address immuno-inflammatory conditions where existing therapies have limitations. Its work spans both oral kinase inhibitors and biologic antibodies, targeting validated immune pathways involved in atopic and autoimmune diseases.
Key product candidates and pipeline
Aclaris highlights several investigational product candidates in its public communications:
- ATI-2138 – a potent and selective investigational oral covalent inhibitor of interleukin-2-inducible T cell kinase (ITK) and Janus kinase 3 (JAK3). Aclaris has reported positive results from a Phase 2a open-label, single-arm trial in patients with moderate-to-severe atopic dermatitis, noting clinically meaningful improvements in disease severity assessments and a favorable tolerability profile. The company states that these results validate ITK as a therapeutic target and support further evaluation of ATI-2138 in additional chronic, inflammatory, immune-mediated disorders.
- Bosakitug (ATI-045) – an investigational anti-TSLP monoclonal antibody being evaluated in a randomized, double-blind, placebo-controlled global Phase 2 trial in patients with moderate-to-severe atopic dermatitis. Aclaris has indicated that patient dosing is ongoing and that the trial is designed to enroll approximately ninety patients.
- ATI-052 – an investigational humanized bispecific antibody that targets both thymic stromal lymphopoietin (TSLP) and interleukin-4 receptor alpha (IL-4Rα). The company describes ATI-052 as a potential best-in-class candidate that exhibits high binding affinity and dual blockade of upstream TSLP receptor signaling and downstream IL-4R activation. Aclaris has reported completion of a Phase 1a single and multiple ascending dose study in healthy adults with positive interim results, including a favorable safety and tolerability profile, dose-proportional pharmacokinetics, and concentration-dependent pharmacodynamics. It has initiated a placebo-controlled Phase 1b proof-of-concept trial in atopic dermatitis and has indicated plans for a Phase 1b trial in asthma.
In addition to these programs, Aclaris has discussed a next-generation ITK-selective inhibitor program with extended half-lives and complete ITK occupancy at very low doses in preclinical work, and it has referenced multispecific antibodies and efforts to target previously inaccessible components of the kinome and multiple immune pathways.
Scientific and therapeutic focus
The company’s public materials emphasize a focus on immuno-inflammatory and atopic diseases, particularly conditions such as atopic dermatitis and other chronic, inflammatory, immune-mediated disorders. Its oral kinase inhibitor franchise centers on ITK and JAK3, kinases that regulate T cell receptor signal transduction and cytokine signaling through the IL-2 receptor common gamma chain, affecting lymphocyte proliferation and activation. The biologics franchise focuses on TSLP and IL-4/IL-13 pathways, which are described as central to Th2-mediated inflammation and allergic diseases.
Aclaris has stated that its goal is to develop uniquely potent small and large molecule product candidates to address significant gaps in important immunology and inflammation indications. It has also described its discovery technology platform as aimed at “drugging the undruggable” by targeting previously inaccessible components of the kinome and multiple pathways, although detailed platform mechanics are not provided in the supplied materials.
Research, collaborations and revenue sources
Financial disclosures show that Aclaris generates revenue from contract research and licensing. Contract research revenue reflects laboratory services, while licensing revenue has included milestones and royalties under license agreements, such as those referenced with Sun Pharma and Eli Lilly in its financial discussions. The company has also disclosed a transaction involving the sale of a portion of its Eli Lilly royalties to an investment vehicle associated with Ontario Municipal Employees Retirement System (OMERS).
Research and development expenses represent a significant portion of Aclaris’ costs, driven by product candidate manufacturing, preclinical development activities, and clinical development expenses for bosakitug, ATI-052 and ATI-2138, as well as toxicity studies and other pipeline-related work. General and administrative expenses include personnel and business development costs.
Regulatory filings and public company status
Aclaris Therapeutics, Inc. is incorporated in Delaware and files reports with the U.S. Securities and Exchange Commission under Commission File Number 001-37581. Recent Form 8-K filings document financial results, R&D updates, and investor presentations. The company’s common stock, with a stated par value per share, is registered under Section 12(b) of the Securities Exchange Act of 1934 and trades on The Nasdaq Stock Market under the symbol ACRS. The provided filings do not indicate any delisting, deregistration, merger, or bankruptcy events.
Position within biotechnology and immunology
Within the biotechnology and pharmaceutical landscape, Aclaris identifies itself as a clinical-stage company focused on immuno-inflammatory diseases, with two immune franchise areas: oral kinase inhibitors and biologics. Public communications describe a pipeline expected to include multiple clinical-stage product candidates addressing validated and therapeutically relevant immune targets, particularly in dermatology and respiratory indications such as atopic dermatitis and asthma.
FAQs about Aclaris Therapeutics, Inc. (ACRS)
The following frequently asked questions summarize key points drawn from Aclaris’ public disclosures.
Stock Performance
Aclaris Therapeutics (ACRS) stock last closed at $5.78. Over the past 12 months, the stock has gained 242.0%, ranking #119 in 52-week price change. At a market capitalization of $859.6M, ACRS is classified as a small-cap stock with approximately 147.2M shares outstanding.
ACRS Rankings
Latest News
Aclaris Therapeutics has 10 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 6 with negative movement. Key topics include clinical trial, earnings. View all ACRS news →
SEC Filings
Aclaris Therapeutics has filed 5 recent SEC filings, including 2 Form 8-K, 1 Form SCHEDULE 13G/A, 1 Form S-3ASR, 1 Form 10-Q. The most recent filing was submitted on August 14, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all ACRS SEC filings →
Financial Highlights
Aclaris Therapeutics generated $7.8M in revenue in FY2025, retaining a 73.3% gross margin, operating income reached -$76.4M (-975.9% operating margin), and net income was -$64.9M, reflecting a -829.6% net profit margin. Diluted earnings per share stood at -$0.53. The company generated -$47.1M in operating cash flow. With a current ratio of 3.36, the balance sheet reflects a strong liquidity position.
Upcoming Events
Phase 2 topline results
Phase 2b LP trial start
Aclaris Therapeutics has 2 upcoming scheduled events. The next event, "Phase 2 topline results", is scheduled for October 1, 2026 (in 46 days). Investors can track these dates to stay informed about potential catalysts that may affect the ACRS stock price.
Short Interest History
Short interest in Aclaris Therapeutics (ACRS) currently stands at 13.4 million shares, up 17.1% from the previous reporting period, representing 9.6% of the float. Since August 2025, short interest has increased by 123.3%. The 6.9 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Aclaris Therapeutics (ACRS) currently stands at 6.9 days, up 62.1% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 9.9 days.
ACRS Company Profile & Sector Positioning
Aclaris Therapeutics (ACRS) operates in the Biotechnology industry within the broader Pharmaceutical Preparations sector and is listed on the NASDAQ. In monthly performance, the stock ranks #1,340 among all tracked companies.
Investors comparing ACRS often look at related companies in the same sector, including Tiziana Life Sciences Ltd Com (TLSA), Innate Pharma Sa (IPHA), Immutep (IMMP), Proqr Therapeuti (PRQR), and Silence Therapeutics Plc (SLN). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ACRS's relative position within its industry.