Acorda Therapeutics

company

About

Acorda Therapeutics began in 1995 as a network of scientists, physicians and business people with a common belief.

  • 251 - 500

Details

Last Funding Type
Series B
Last Funding Money Raised
$55.30M
Industries
Biotechnology,Developer Platform,Health Care
Founded date
Jan 1, 1995
Number Of Employee
251 - 500
Operating Status
Active

Acorda Therapeutics, Inc. (Acorda) is a commercial-stage biopharmaceutical company engaged in the identification, development and commercialization of therapies that improve neurological function in people with multiple sclerosis (MS), spinal cord injury (SCI) and other disorders of the nervous system. The first product for which the Company completed clinical development, Ampyra (dalfampridine) Extended Release Tablets (Ampyra), was approved by the United States Food and Drug Administration (FDA) in January 2010, as a treatment to improve walking in patients with MS. Ampyra is an extended-release tablet formulation of dalfampridine (4-aminopyridine (4-AP)), which was previously referred to as fampridine. Acorda's marketed product, Zanaflex Capsules, is approved by the FDA as a short-acting drug for the management of spasticity.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$89M
Acorda Therapeutics has raised a total of $89M in funding over 2 rounds. Their latest funding was raised on May 20, 2003 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 20, 2003 Series B $55.30M 1 Detail
Jan 8, 2001 Series A $33.70M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Acorda Therapeutics is funded by 2 investors. Cross Atlantic Partners and BayStar Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Cross Atlantic Partners Series B
BayStar Capital Series A