Aclaris Therapeutics, Inc. · NASDAQ:ACRS

Aclaris Therapeutics — Technical Presentation (October 2026)

34 slides from Aclaris Therapeutics's technical presentation, Oct 27, 2026

  1. Slide 1: ATI-052 Phase 1b Primary Analysis Results: Atopic Dermatitis and Asthma

    EMPOWERING PATIENTS THROUGH THERAPEUTIC INNOVATION October 27, 2026 ATI-052 Phase 1b Primary Analysis Results Atopic Dermatitis and Asthma

  2. Slide 2: Forward-looking statements

    2 Any statements contained in this presentation that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “anticipate,” “believe,” “expect,” “int

  3. Slide 3: ATI-052: Potential Best-in-Class Bispecific mAb

    3 4x More potent than dupilumab + tezepelumab combined $19B+1 In annual sales across the mechanisms it targets ATI-052: Potential Best-in-Class Bispecific mAb Phase 1b POC Results Validate Preclinical Potency Differentiation OVERVIEW: PROOF-OF-CONCEPT RESULTS 400+ hours Up to 116x longer residence t

  4. Slide 4: Two Validated Mechanisms: A More Complete Approach to Inflammatory Disease

    4 OVERVIEW: MECHANISM OF ACTION Two Validated Mechanisms A More Complete Approach to Inflammatory Disease ATI-052 Pathways Simultaneous control of upstream disease initiation and downstream Type 2 effector pathways ATI-052 IgG1 anti-TSLP / anti-IL-4Rα bispecific antibody Molecular architecture • Biv

  5. Slide 5: Individual Components of ATI-052 are Both Important Targets

    Individual Components of ATI-052 are Both Important ATI-052 Targets The Two Most Broadly Validated Nodes In Type 2 Disease: TSLP and IL-4Rα Approval Status by Indication/Mechanism TSLP IL-4Rα IL-13 EoE ✓ ✓ ✕ Asthma ✓ ✓ ✕ COPD ✕ ✓ ✕ CRSwNP ✓ ✓ ✕ AD ✓ ✓ Validated 3/5 5/5 1/5 ✓ Approved ✕ Not approved

  6. Slide 6: Lebrikizumab: Baseline Severity Impacts Response Rates

    Lebrikizumab: Absolute EASI Response (%) at Week 16 0 20 40 60 80 63.5 46.1 EASI ≤7 56.5 40.0 EASI ≤5 41.7 30.8 EASI ≤3 24.2 16.6 EASI ≤1 Moderate (IGA3) Severe (IGA4) Baseline Severity Impacts Response Rates PHASE 1b POC TRIAL I SIGNIFICANCE OF BASELINE SEVERITY IN AD % of patients Difficulty in Tr

  7. Slide 7: Positive Phase 1b Primary Analysis Results: AD

    ATI-052 Positive Phase 1b Primary Analysis Results: AD Strong POC in Severe AD (78% vIGA4); Efficacy Signals Support Advancement to Phase 2 CLINICAL RESULTS OVERVIEW: AD Favorable safety profile with no conjunctivitis observed ATI-052 has the potential to set a new efficacy ceiling in AD and other T

  8. Slide 8: Positive Phase 1b Primary Analysis Results: Asthma

    ATI-052 Positive Phase 1b Primary Analysis Results: Asthma Strong POC in Mild-to-Moderate Asthma; Rapid Response Supports Advancement to Phase 2 CLINICAL RESULTS OVERVIEW: ASTHMA Measure (D15) ATI-052 Single Dose (480mg) Placebo PBO-Adj. Change % Reduction in FeNO 59% 15% 44% 200 mL 0 mL 200 mL Incr

  9. Slide 9: ATI-052 POC in Atopic Dermatitis (AD)

    ATI-052 POC in Atopic Dermatitis (AD) Data cutoff date: August 20, 2026

  10. Slide 10: Phase 1b POC Trial in Severe Atopic Dermatitis

    10 Screening/ Washout Randomization 3:1 Active to Placebo Primary Endpoint Safety and tolerability Phase 1b POC Trial in Severe Atopic Dermatitis 14 AD Patients Placebo Q1wk (five doses) ATI-052 Q1wk (five doses, 480 mg) 12-week follow-up Day 57 (Week 8) Primary analysis Other Endpoints AD clinical

  11. Slide 11: Baseline Demographics and Disease Severity

    Baseline Demographics and Disease Severity 11 PHASE 1b POC TRIAL I ATI-052 IN AD: BASELINE CHARACTERISTICS Increased Percentage of African American and vIGA 4 Provides a More Severe / Difficult-to-Treat Patient Population1 SOURCE: 1. Sanyal RD, Guttman-Yassky E, et al. Ann Allergy Asthma Immunol. 20

  12. Slide 12: ATI-052 Was Well Tolerated, With a Favorable Safety Profile

    ATI-052 Was Well Tolerated, With a Favorable Safety Profile 12 Safety Summary ATI-052 N=11 (%) Placebo N=3 (%) Patients reporting ≥1 TEAE 6 (54.5) 2 (66.7) Patients reporting ≥1 serious TEAE 0 0 Patients reporting ≥1 Grade 3 or 4 TEAE 0 0 Patients who discontinued due to TEAE 0 0 Patients reporting

  13. Slide 13: ATI-052 Demonstrated Robust EASI Improvement

    -80% -60% -40% -20% 0% Baseline Week 4 Week 5 Week 6 Week 8 Week 10 ATI-052 Placebo ATI-052 Demonstrated Robust EASI Improvement Enrolled a Challenging Population to Treat: 78% Baseline vIGA4 Mean % Change in Baseline EASI Over Time Mean % Change in Baseline EASI Week 10 -62% -82% -56% -15% -90% -70

  14. Slide 14: Early Efficacy Signal In Severe Disease Supports Phase 2b

    Early Efficacy Signal In Severe Disease Supports Advancement to Phase 2b 45% 38% 33% 36% 0 10 20 30 40 50 ATI-052 Dupilumab Zumilokibart Lebrikizumab % Severe (vIGA 4) Subjects at Baseline 78% PHASE 1b POC TRIAL I ATI-052 IN AD: EASI 14 % Severe (vIGA 4) Subjects at Baseline 49% % Severe (vIGA 4) Su

  15. Slide 15: ATI-052 Demonstrated Robust EASI-50 Response

    15 ATI-052 Demonstrated Robust EASI-50 Response 100% 71% 42% ATI-052 (vIGA 3) ATI-052 (vIGA 4) Dupilumab SOURCE: Dupilumab: SOLO 1/2, 300 mg q2w pooled, approx. (Thaçi D, Simpson EL, et al. J Dermatol Sci. 2019;94(2):266–275). PHASE 1b POC TRIAL I ATI-052 IN AD: EASI Overall = 78% Pbo-adj. EASI-50 R

  16. Slide 16: Rapid, Deep and Durable Reductions in Itch

    -50 -40 -30 -20 -10 0 10 20 Baseline Week 1 Week 2 Week 4 Week 5 Week 6 Week 8 Week 10 Week 16 % change from baseline ATI-052 Placebo PHASE 1b POC TRIAL I ATI-052 IN AD: PP-NRS Rapid, Deep and Durable Reductions in Itch Observed Itch Relief Emerged Week One and Continued to Deepen Through Week 10 16

  17. Slide 17: ATI-052 Showed Clinically Meaningful Improvements in Itch

    PHASE 1b POC TRIAL I ATI-052 IN AD: PP-NRS 17 SOURCE: Dupilumab: PP-NRS4 - SOLO 1/2, 300 mg q2w pooled, approx. (Thaçi D, Simpson EL, et al. J Dermatol Sci. 2019;94(2):266–275.). Zumilokibart: APEX Part B mid dose (Apogee, APEX Part B 16-week data presentation, May 27, 2026). Lebrikizumab: ADvocate1

  18. Slide 18: Photographic Examples of Clinical Activity

    Photographic Examples of Clinical Activity 18 PHASE 1b POC TRIAL I ATI-052 IN AD: SKIN CLEARANCE Baseline Week 8 ATI-052 Load-in doses only Subject #1 vIGA 3 at Baseline Subject #2 vIGA 4 at Baseline

  19. Slide 19: Potential Best-in-Class Pharmacodynamic Profile

    Potential Best-in-Class Pharmacodynamic Profile TSLP + IL-4Rα | Evidence of Potential Additivity/Synergy Between Targets Broad Pathway Modulation Marked downregulation of inflammatory mediators pertinent to AD observed Pathways modulated Th1 Th2 Th17/Th22 Fibrosis Itch Normalization of Skin Proteome

  20. Slide 20: ATI-052 Normalized Skin Proteome

    PHASE 1b POC TRIAL I ATI-052 IN AD: PD AND TAPE STRIPS ATI-052 Normalized Skin Proteome ATI-052 Activity in Lesional Skin | Potential for Disease Modification KEY RESULTS 95% overall improvement in LS vs. NL proteome observed by Week 8 66% overall improvement in LS vs. NL skin with dupilumab by Week

  21. Slide 21: Broad and Deep Biomarker Reductions

    ATI-052 Demonstrated Broad and Deep Biomarker Reductions Median % Change from Baseline, Week 8 −76 −45 −43 −4 −16 -100 -75 -50 -25 0 25 50 75 CCL17 IL-5 Eosinophils (Week 12) NOTE: Sample sizes vary by endpoint and visit. GSVA: patients completing Week 8. ** p≤0.01, *** p≤0.001; + p<0.1. Navy asteri

  22. Slide 22: ATI-052 POC in Asthma

    ATI-052 POC in Asthma Data cutoff date: September 24, 2026

  23. Slide 23: Phase 1b POC Trial in Asthma

    23 Placebo (single dose) ATI-052 (single dose, 480 mg) Screening/ Washout Six-week follow-up Randomization 3:1 Active to Placebo Primary analysis through Day 29 Primary Endpoint Safety and tolerability Phase 1b POC Trial in Asthma 16 Patients Key Clinical Efficacy Assessment: FEV1, AX Other endpoint

  24. Slide 24: Baseline Demographics and Asthma Severity

    24 Characteristic ATI-052 (N=12) Placebo (N=4) Age, mean (SD), y 44.4 (12.6) 39.8 (17.6) Female, n (%) 3 (25.0) 3 (75.0) Weight, mean (SD), kg 86.0 (12.8) 75.8 (23.2) Duration of asthma from diagnosis, mean (SD), y 23.6 (12.0) 22 (20.8) FeNO, mean (SD), ppb 72.3 (33.3) 97.3 (62.5) Blood eosinophil c

  25. Slide 25: Strong Tolerability Profile Observed with ATI-052

    Strong Tolerability Profile Observed with ATI-052 Favorable Safety Profile 25 Safety Summary ATI-052 (N=12) Placebo (N=4) Patients reporting ≥1 TEAE, n (%) 6 (50) 1 (25) Patients reporting ≥1 serious TEAE, n (%) 0 0 Patients reporting ≥1 Grade 3 or 4 TEAE, n (%) 0 0 Patients who discontinued due to

  26. Slide 26: Rapid FeNO Suppression Observed from Single Dose

    Rapid FeNO Suppression Observed from Single Dose of ATI-052 Maximum FeNO Reduction of 59% and 45ppb Validate Potency of ATI-052 26 -59% -70% -60% -50% -40% -30% -20% -10% 0% Day 0 Day 8 Day 15 Day 29 % change from baseline ATI-052 Placebo -50 -45 -40 -30 -20 -10 0 Day 0 Day 8 Day 15 Day 29 Absolute

  27. Slide 27: Single Dose Demonstrated Deep Reduction in FeNO

    -59% -31% -36% -80% -70% -60% -50% -40% -30% -20% -10% 0% ATI-052 (Day 15) Anti-TSLP / IL-4Rα Dupilumab (Week 2) Anti-IL-4Rα Tezepelumab (Week 4) Anti-TSLP Single Dose of ATI-052 Demonstrated Deep Reduction in FeNO PHASE 1b POC TRIAL I ATI-052 IN ASTHMA: FeNO Maximum Mean FeNO % Reduction, Through W

  28. Slide 28: Similar Results in T2-Low and T2-High Sub-Populations

    Similar Results Observed in Both T2-Low and T2-High Sub-Populations PHASE 1b POC TRIAL I ATI-052 IN ASTHMA: FeNO & FEV1 28 NOTE: All subgroup analyses were conducted post hoc. T2-Low = <300 Eosinophils at baseline; T2-High = ≥300 eosinophils at baseline; PPB = parts per billion. 58% of ATI-052 Subje

  29. Slide 29: FEV1 Improvement Aligned with FeNO Suppression

    -200 mL -100 mL +0 mL +100 mL +200 mL Baseline Day 8 Day 15 Day 29 Mean pre-BD FEV1 change from baseline (mL) ATI-052 Placebo FEV1 Improvement Over Time FEV1 Improvement at Day 15 in Subjects with FEV1 <80% at Baseline +350 mL -140 mL -200 mL -100 mL +0 mL +100 mL +200 mL +300 mL +400 mL ATI-052 (FE

  30. Slide 30: ATI-052 Improved FEV1 at Day 15

    PHASE 1b POC TRIAL I ATI-052 IN ASTHMA: FEV1 SOURCE: Tezepelumab: approx. (Menzies-Gow et al., N Engl J Med. 2021;384:1800-1809). Dupilumab: approx.(Castro et al. N Engl J Med. 2018;378:2486-2496). NOTE: All subgroup analyses were conducted post hoc. FEV1 <80% at BL = pre-BD FEV1 value of < 80% at b

  31. Slide 31: Rapid Small Airway Disease Improvement (AX)

    -28 -2 -35 -30 -25 -20 -15 -10 -5 0 ATI-052 (480mg) Dupilumab (600mg Loading; Week 4) Placebo-adjusted change from baseline in pre-BD AX at Day 15 (cmH O·L 2 −1 ) 31 PHASE 1b POC TRIAL I ATI-052 IN ASTHMA: AX ATI-052 Demonstrated Rapid Small Airway Disease (SAD) Improvement AX (Area Under Reactance

  32. Slide 32: ATI-052: Key Learnings and Next Steps

    Key Learnings Additivity/synergy potential demonstrated across preclinical, clinical, and PD measures Breadth and depth of response: • Clinical and PD evidence of activity against all 3 inflammatory endotypes in severe AD • Both FENO & FEV1 improvements in T2 high & T2 low asthma patients Strong evi

  33. Slide 33: Continued Clinical Momentum Through 2027

    Continued Clinical Momentum Through 2027 Bosakitug (ATI-045) Anti-TSLP monoclonal antibody Phase 2 top line results in AD: 4Q 2026 ATI-052 Anti-TSLP / Anti-IL4Rα bispecific antibody Phase 2b program: Eosinophilic Esophagitis Atopic Dermatitis Asthma Modzatinib (ATI-2138) ITK/JAK3 Inhibitor Lichen pl

  34. Slide 34: ATI-052 Phase 1b Primary Analysis Results: Atopic Dermatitis and Asthma

    EMPOWERING PATIENTS THROUGH THERAPEUTIC INNOVATION October 27, 2026 ATI-052 Phase 1b Primary Analysis Results Atopic Dermatitis and Asthma

Aclaris Therapeutics — Technical Presentation (October 2026) on 6ix