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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;

Stock News for Acorda Therapeutics (ACOR)
08/27/201515:59:24Statement of Changes in Beneficial Ownership (4)
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08/25/201506:04:03Current Report Filing (8-k)
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08/24/201517:42:00Acorda Announces Patent Trials and Appeal Board (PTAB) Denies...
08/13/201516:38:19Securities Registration: Employee Benefit Plan (s-8)
08/07/201518:47:26Quarterly Report (10-q)
08/05/201507:00:00Acorda Therapeutics to Present at the Canaccord Genuity Growth...
07/30/201507:17:01Current Report Filing (8-k)
07/30/201506:01:00Acorda Provides Financial and Pipeline Update for 2015 Second...
07/24/201509:25:00Biotechnology Stocks in Motion -- PDL BioPharma, Arena Pharma...
07/23/201507:00:00Acorda Therapeutics to Host Conference Call to Discuss Second...
07/22/201507:26:59Current Report Filing (8-k)
07/22/201507:00:00Acorda Awarded Grant to Study ARCUS® Technology in Respiratory...
07/02/201515:41:00Initial Statement of Beneficial Ownership (3)
06/24/201507:01:00Acorda Data on Inhaled Levodopa Therapy CVT-301 Recognized in...
06/16/201507:15:17Current Report Filing (8-k)
06/16/201507:00:00Acorda Presents Data on Inhaled Levodopa Therapy CVT-301 at International...
06/15/201507:32:00Acorda CEO Ron Cohen Named BIO Chairman for 2015-2016 Term

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