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FDA OKs Ampyra To Improve Walking In Adults With Multiple Sclerosis

By Jennifer Corbett Dooren Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The U.S. Food and Drug Administration Friday approved a new drug from Acorda Therapeutics Inc. (ACOR) to improve walking in patients with multiple sclerosis. The FDA said the drug, Ampyra, is the first drug approved to improve walking in MS patients. The agency said clinical trials showed patients treated with Ampyra had faster walking speeds than those treated with a placebo or fake pill. Multiple sclerosis is a progressive disease that involves damage to nerves controlling muscles and vision; it affects about 400,000 Americans. The condition causes the body's immune system to eat away at the protective covering of the nerves, or myelin, which disrupts the electrical signals between the brain and the rest of the body. Ampyra is designed to help the body's electric signals pass through by blocking potassium ions that leak from the damaged nerves. The FDA said the product will be manufactured under licenses from Elan Corp. PLC (ELN) of Dublin, Ireland, and distributed by Acorda, Hawthorne, N.Y. Acord shares recently rose 9% to $28. -By Jennifer Corbett Dooren, Dow Jones Newswires; 202-862-9294; [email protected]

Stock News for Acorda Therapeutics (ACOR)
02/27/201717:21:04Annual Report (10-k)
02/27/201707:00:00Acorda to Present at the Cowen and Company 37th Annual Healthcare...
02/22/201708:10:47Statement of Changes in Beneficial Ownership (4)
02/22/201708:09:26Initial Statement of Beneficial Ownership (3)
02/21/201707:19:11Current Report Filing (8-k)
02/21/201707:00:00Catherine D. Strader, Ph.D., Joins Acorda Therapeutics Board...
02/14/201717:46:19Statement of Ownership (sc 13g)
02/14/201717:02:05Amended Statement of Ownership (sc 13g/a)
02/14/201710:44:34Amended Statement of Ownership (sc 13g/a)
02/14/201706:27:48Current Report Filing (8-k)
02/14/201706:00:00Acorda Provides Financial and Pipeline Update for Fourth Quarter...
02/13/201716:25:49Statement of Changes in Beneficial Ownership (4)
02/13/201716:25:49Statement of Changes in Beneficial Ownership (4)
02/13/201716:25:16Statement of Changes in Beneficial Ownership (4)
02/13/201716:22:25Statement of Changes in Beneficial Ownership (4)
02/10/201707:07:04Current Report Filing (8-k)
02/09/201713:42:32Amended Statement of Ownership (sc 13g/a)
02/09/201706:38:54Current Report Filing (8-k)
02/09/201706:04:00Amended Statement of Ownership (sc 13g/a)
02/09/201706:00:00Acorda Announces Positive Phase 3 Clinical Trial Results for...

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