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Acorda up 12% on potential sale

Published 01/05/2018, 03:54 PM
© Reuters.  Acorda up 12% on potential sale
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  • The WSJ reports that Acorda Therapeutics (ACOR +11.9%) is exploring a potential sale. The company has been facing generic competition for top seller Ampyra (dalfampridine) since the USPTO invalidated several key patents earlier this year. In Q3, the MS med accounted for almost 99% of its Q3 product revenue of $134.4M ($132.6M).
  • Last month, the company resubmitted its U.S. marketing application for INBRIJA for the treatment of OFF periods in Parkinson's disease patients.
  • Previously: Acorda refiles U.S. marketing application for Parkinson's med Inbrija; shares up 5% premarket (Dec. 7, 2017)
  • Now read: Buy Regeneron - Cramer's Lightning Round (12/14/17)


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