Merz Therapeutics has successfully acquired Acorda’s Inbrija (levodopa inhalation powder) and Ampyra (dalfampridine) after the latter went bankrupt earlier this year.
Merz Therapeutics Closes $185M Asset Purchase Agreement with Acorda Therapeutics
After years of struggling with hurdles such as generic competition and significantly lower-than-expected sales of its top meds, Acorda Therapeutics is hanging up the gloves with a $185 million deal to sell off its assets and a bankruptcy filing.
Acorda Therapeutics and Merz Announce Signing of “Stalking Horse” Asset Purchase Agreement
With sales declining for aging multiple sclerosis (MS) drug Fampyra, Biogen has exercised an option to return licensing rights outside of the United States to Acorda Therapeutics.
The National Institute for Health and Care Excellence (NICE) has announced its decision to reject Fampyra – also known as fampridine – for use in England. The drug was developed by Acorda Therapeutics and is manufactured by Elan Corporation.
ARDSLEY, N.Y.--(BUSINESS WIRE)--Acorda Therapeutics, Inc. (Nasdaq: ACOR) today reported its financial results for the fourth quarter and full year ended December 31, 2021.
ARDSLEY, N.Y.--(BUSINESS WIRE)--Acorda Therapeutics, Inc. (Nasdaq: ACOR) today reported its financial results for the third quarter 2021 and changes to its leadership team.
Just over a year after the Supreme Court quashed any hopes Acorda had of protecting its once-lucrative multiple sclerosis drug Ampyra from cheaper knockoffs, the New York biotech continues to bleed cash. Now, as part of its third restructuring since 2017, the drugmaker is offloading one of its key assets.
Accord Healthcare`s Fampridine Accord (Fampridine) Receives Approval In Europe