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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)
01/12/201711:27:36Amended Statement of Ownership (sc 13g/a)
01/09/201706:25:53Current Report Filing (8-k)
01/09/201706:00:00Acorda Announces 2016 AMPYRA Net Sales and 2017 Financial Guidance...
01/05/201716:13:32Statement of Changes in Beneficial Ownership (4)
12/28/201607:00:00Acorda Therapeutics to Present at the 35th Annual J.P. Morgan...
12/16/201608:09:07Statement of Changes in Beneficial Ownership (4)
12/05/201617:17:12Statement of Changes in Beneficial Ownership (4)
12/05/201617:15:54Statement of Changes in Beneficial Ownership (4)
12/05/201617:12:51Statement of Changes in Beneficial Ownership (4)
12/05/201617:10:39Statement of Changes in Beneficial Ownership (4)
12/05/201617:08:58Statement of Changes in Beneficial Ownership (4)
12/05/201617:07:40Statement of Changes in Beneficial Ownership (4)
12/05/201617:05:18Statement of Changes in Beneficial Ownership (4)
11/22/201607:00:00Acorda Therapeutics to Present at the 28th Annual Piper Jaffray...
11/21/201606:50:26Current Report Filing (8-k)
11/21/201606:00:00Acorda to Discontinue Development of Dalfampridine for Treatment...
11/09/201607:00:00Acorda Therapeutics to Present at the Stifel 2016 Healthcare...
11/07/201617:37:55Quarterly Report (10-q)
10/27/201606:44:18Current Report Filing (8-k)
10/27/201606:00:00Acorda Provides Financial and Pipeline Update for Third Quarter...

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