Aclaris Update 8/7/2020: First Patient Dosed In Phase 2a Trial Of ATI-450 In Hospitalized Patients With COVID-19 Aug. 8, 2020 2:35 AM ET|About: Aclaris Therapeutics, Inc. (ACRS), Includes: CAPR, CODX, EDSA, IMRN, INO, NVAX, SRNE, VXRT Summary On August 7, 2020, Aclaris Therapeutics reported that the first patient had been dosed with ATI-450 in the company's investigator-initiated Phase 2a COVID-19 clinical trials. The trial is a Phase 2a, randomized, double-blind, placebo-controlled trial to investigate the safety and efficacy of ATI-450, when used in addition to standard of care therapy. The primary endpoint is the proportion of subjects who are free from respiratory failure by day 14. One important feature of ATI-450 that sets it apart from most COVID-19 therapies being tested,is that it is available orally. The vast majority of current COVID-19 therapy programs under investigation that are only available intravenously.
Aclaris is funded to 1Q 2022 not including ongoing efforts to find partners for legacy products/programs. The company enjoys strong institutional support (82%), and 4 analysts have a Buy rating with an average $4.5/share on ACRS stock.
https://seekingalpha.com/instablog/50857529-johnsoriaknows/5482741-aclaris-update-8-7-2020-first-patient-dosed-in-phase-2a-trial-of-atiminus-450-in-hospitalized
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