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Windtree, in documents filed with the Securities and Exchange Commission, said it does not have sufficient cash to support its operations for the next year.
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Aclaris' deal completes a strategic review process the company initiated at the start of the year after experiencing setbacks with two new drug candidates.
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The Miramar company is eligible to receive milestone payments and royalties from future sales.
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The company will sell some operations and wind down part of its business.
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The company, which provides long-term residential care for those living with Alzheimer's and other forms of dementia, has been headquartered on East Kellogg for three decades.
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A UC Health center has received a million-dollar gift to develop a new nursing program its direction has billed a game changer.
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Atlas Venture is in the process of raising its 14th fund, but it's not looking to break any records with the size of its forthcoming capital pool.
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Glenview chief Larry Robbins says he will "roll up his sleeves" at CVS.
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