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Vicept Management, VCs Team Up Again To Launch Aclaris With $21M

 
• By Paul Bonanos

Newly launched dermatology start-up Aclaris brings the band back together, as Vicept’s core management and VCs begin a new endeavor in a sometimes-neglected sector.

The team that funded and led Vicept Therapeutics Inc. prior to its acquisition by Allergan Inc. last year has reunited for a fresh endeavor. Newly formed dermatology start-up Aclaris Therapeutics Inc. announced its $21 million Series A funding Oct. 24, revealing support from the same three venture capital firms that backed Vicept.

Vivo Ventures and Fidelity Biosciences led Aclaris’ initial funding, while Sofinnova Ventures provided a supplementary component of the round. A $16 million Series A round from those three firms supported Vicept from its inception in 2009 through its July 2011 buyout, in which Allergan paid $75 million upfront

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