S&P 600 Component
|Headquarters||Ardsley, New York, United States|
Ron Cohen (CEO)|
Andrew R. Blight
|Revenue||US$588.22 Million (FY 2017)|
|US$35.1 Million (FY 2011)|
|US$30.6 Million (FY 2011)|
|Total assets||US$379.5 Million (FY 2011)|
|Total equity||US$205.2 Million (FY 2011)|
Number of employees
|328 (February, 2012) |
Acorda Therapeutics Inc. is an American biotechnology company based in Ardsley, New York. The company develops drugs to improve therapies that improve neurological function in people with multiple sclerosis, spinal cord injury and other disorders of the central nervous system. Acorda manufactures and markets the drugs Zanaflex, Ampyra and Qutenza in the United States.
In November 2016, Acorda Therapeutics announced it was discontinuing development of dalfampridine, a drug intended for post-stroke walking difficulties, after a clinical trial failure. The discontinuation of the drug caused Acorda's shares to drop as much as 13.2%. Acorda shares have dropped 50.2% since January 2016.
As of June 28, 2018[update], the members of the board of directors of Acorda Therapeutics were: Ron Cohen, Barry Greene, Peder K. Jensen, John P. Kelley, Sandra Panem, Lorin J. Randall, Steven M. Rauscher, and Ian F. Smith.
Products on the market
- CVT-301 (phase III) for Parkinson's disease
- SYN120 (phase II) for Parkinson's disease
- timolumab (phase II) for Primary Sclerosing Cholangitis
- Acorda FAQ
- "Acorda Therapeutics 2011 Annual Report - Form 10-K - February 28, 2012" (PDF). secdatabase.com. Retrieved May 16, 2012.
- Acorda 2008 10-K Annual report
- "Acorda Buys Civitas and Its Phase III PD Candidate for $525M - GEN News Highlights - GEN".
- "Accorda Acquires Biotie Therapies for $363 Million - GEN News Highlights - GEN".
- Court, Emma (November 21, 2016). "Acorda Therapeutics plummets as much as 13% on failed trial, discontinued drug development". Market Watch. Retrieved 16 December 2016.
- "Leadership ← Acorda".