Keyword: Acorda Therapeutics
As each company works to cut costs and stay alive, Acorda will lay off about one-quarter of its employees, while Alkermes will cut 160 jobs.
Biotech leaders criticized the dismissals of Chinese scientists from U.S. universities in a letter with more than 150 signatures.
Earlier this year, a delay to the FDA’s Inbrija decision left some industry watchers wondering whether Acorda could pull off a win for the inhaled Parkinson’s drug.
Acorda’s share price took a one-two punch this week, with the FDA extending review of its drug-device treatment for Parkinson’s disease by 3 months.
Acorda's chief technology officer Rick Batycky, Ph.D., is leaving the company next week after four years in the role to head up his own operation.
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The action marks the end for an oral adenosine A2a receptor antagonist Acorda paid $363 million in cash for last year.
Shares in Acorda Therapeutics are sliding following the news that the company’s Parkinson’s drug has been linked to a potentially fatal side effect.
Canaan will continuw the strategy that has delivered it paydays as companies including J&J and Teva have snapped up pieces of its portfolio.
Acorda was up 10% early yesterday on the posting of late-stage data for certain Parkinson’s patients, but then fell during the day.