Leadership change and business review see Aclaris leap

16 January 2024

Shares of US clinical-stage biotech Aclaris Therapeutics (Nasdaq: ACRS) shot up as much as 40% to $1.21 in early trading today, after it announced leadership changes and that it is undertaking a strategic review of its business.

Aclaris’ shares were decimated last November, falling 84% after it revealed it would stop development of its rheumatoid arthritis treatment zunsemetinib, which had failed in a mid-stage trial.

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