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Acorda to Present New Research on Novel Multiple Sclerosis and Epilepsy Therapies at American Academy of Neurology 65th Annual



  Acorda to Present New Research on Novel Multiple Sclerosis and Epilepsy
  Therapies at American Academy of Neurology 65th Annual Meeting

Business Wire

ARDSLEY, N.Y. -- March 13, 2013

Acorda Therapeutics, Inc. (Nasdaq: ACOR) will present new research data at the
65^th American Academy of Neurology Annual Meeting on AMPYRA^® (dalfampridine)
Extended Release Tablets, 10 mg, an FDA-approved therapy indicated to improve
walking in people with multiple sclerosis, and Diazepam Nasal Spray, an
investigational therapy for the treatment of cluster seizures, also known as
acute repetitive seizures, in people with epilepsy.

“Acorda is focused on improving the lives of people with neurological
disorders. We currently are developing seven therapies for a range of
conditions, including multiple sclerosis, epilepsy and spinal cord injury,”
said Ron Cohen, M.D., Acorda Therapeutics’ President and CEO. “Our
presentations at AAN include new studies on AMPYRA and the first clinical data
presented on Diazepam Nasal Spray. These studies have increased our
understanding of the potential roles these therapies could have in addressing
the urgent needs of patients with these conditions.”

Data being presented on Acorda-developed therapies at the AAN annual meeting
include:

  * Changes in Gait, Walking, and Balance Parameters After Withdrawal and
    Re-initiation of Dalfampridine Extended Release Tablets in Patients with
    Multiple Sclerosis: Results from the STEADY Study – P04.103 being
    presented Wednesday, March 20^th, 7:30am – 12:00pm
  * Safety and Efficacy of 5mg and 10mg Dalfampridine Extended Release Tablets
    in Patients with Multiple Sclerosis: First Results from a Double-Blind,
    Placebo-Controlled Trial – P04.096 being presented Wednesday, March 20^th,
    7:30am – 12:00pm
  * Effects of 5mg and 10mg Dalfampridine Extended Release Tablets on 6-Minute
    Walk Distance in People with Multiple Sclerosis: A Subgroup Analysis of a
    Double-Blind, Placebo-Controlled Trial – S01.007 being presented Tuesday,
    March 19^th at 2:30pm
  * Assessment of Pharmacokinetic Linearity and Relative Bioavailability of a
    Nasal Diazepam Formulation Compared with Diazepam Rectal Gel In Healthy
    Adult Subjects – P02.214 being presented Tuesday, March 19^th, 7:30am –
    12:00pm

More detailed information on scientific sessions and data presentations at the
AAN annual meeting can be found on the conference website
(http://www.aan.com/go/am13).

Important Safety Information

Do not take AMPYRA if you have ever had a seizure or have certain types of
kidney problems.

Take AMPYRA exactly as prescribed by your doctor.

You could have a seizure even if you never had a seizure before. Your chance
of having a seizure is higher if you take too much AMPYRA or if your kidneys
have a mild decrease of function, which is common after age 50.

Your doctor may do a blood test to check how well your kidneys are working, if
that is not known before you start taking AMPYRA.

AMPYRA may cause serious allergic reactions, including rare occurrence of
anaphylaxis.

AMPYRA should not be taken with other forms of 4-aminopyridine (4-AP,
fampridine), since the active ingredient is the same.

The most common adverse events for AMPYRA in MS patients were urinary tract
infection, trouble sleeping, dizziness, headache, nausea, weakness, back pain,
and problems with balance.

Before taking AMPYRA tell your doctor if you are pregnant or plan to become
pregnant. It is not known if AMPYRA will harm your unborn baby.

Tell your doctor if you are breast-feeding or plan to breast-feed. It is not
known if AMPYRA passes into your breast milk. You and your doctor should
decide if you will take AMPYRA or breast-feed. You should not do both.

You are encouraged to report negative side effects of prescription drugs to
the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088.

About AMPYRA (dalfampridine)

AMPYRA is a potassium channel blocker approved as a treatment to improve
walking in patients with multiple sclerosis (MS). This was demonstrated by an
increase in walking speed. AMPYRA, which was previously referred to as
Fampridine-SR, is an extended release tablet formulation of dalfampridine
(4-aminopyridine, 4-AP), and is known as prolonged-, modified, or
sustained-release fampridine (FAMPYRA^®) in some countries outside the United
States (U.S.).

In laboratory studies, dalfampridine extended release tablets has been found
to improve impulse conduction in nerve fibers in which the insulating layer,
called myelin, has been damaged.

AMPYRA is being developed and commercialized in the U.S. by Acorda
Therapeutics; FAMPYRA is being developed and commercialized by Biogen Idec in
markets outside the U.S. based on a licensing agreement with Acorda. AMPYRA
and FAMPYRA are manufactured globally by Alkermes Pharma Ireland Limited, a
subsidiary of Alkermes plc, based on a supply agreement with Acorda.

AMPYRA is available by prescription in the United States. For more information
about AMPYRA, including patient assistance and co-pay programs, healthcare
professionals and people with MS can contact AMPYRA Patient Support Services
at 888-881-1918.

AMPYRA Patient Support Services is available Monday through Friday, from 8:00
a.m. to 8:00 p.m. Eastern Time. For full U.S. Prescribing Information and
Medication Guide, please visit: www.AMPYRA.com.

About Acorda Therapeutics

Acorda Therapeutics is a biotechnology company focused on developing therapies
that restore function and improve the lives of people with MS, spinal cord
injury and other neurological conditions.

Acorda markets AMPYRA^® (dalfampridine) Extended Release Tablets, 10 mg, in
the United States as a treatment to improve walking in patients with multiple
sclerosis (MS). This was demonstrated by an improvement in walking speed.
AMPYRA is marketed outside the United States as FAMPYRA^® (prolonged-release
fampridine tablets) by Biogen Idec under a licensing agreement from Acorda.
AMPYRA and FAMPYRA are manufactured under license from Alkermes Pharma Ireland
Limited.

The Company also markets ZANAFLEX CAPSULES^® (tizanidine hydrochloride) and
Zanaflex tablets, a short-acting drug for the management of spasticity. Acorda
also receives sales royalties on tizanidine hydrochloride capsules, an
authorized generic version of ZANAFLEX CAPSULES, distributed by Actavis, Inc.
under its agreement with Acorda.

Acorda has an industry-leading pipeline of novel neurological therapies. The
Company is developing Diazepam Nasal Spray for treatment of certain epileptic
seizures. It is also studying AMPYRA to improve a range of functional
impairments caused by MS, as well as its potential for use in other
neurological conditions, including cerebral palsy and post-stroke deficits. In
addition, Acorda is developing clinical stage compounds AC105 for acute
treatment of spinal cord injury, GGF2 for treatment of heart failure and
rHIgM22, a remyelinating monoclonal antibody, for the treatment of MS. GGF2 is
also being investigated in preclinical studies as a treatment for neurological
conditions such as stroke and spinal cord injury. Chondroitinase, an enzyme
that encourages nerve plasticity in spinal cord injury, is in preclinical
development.

Acorda Forward-Looking Statements

This press release includes forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. All statements, other
than statements of historical facts, regarding management's expectations,
beliefs, goals, plans or prospects should be considered forward-looking. These
statements are subject to risks and uncertainties that could cause actual
results to differ materially, including our ability to successfully market and
sell Ampyra in the U.S.; third party payers (including governmental agencies)
may not reimburse for the use of Ampyra or our other products at acceptable
rates or at all and may impose restrictive prior authorization requirements
that limit or block prescriptions; the risk of unfavorable results from future
studies of Ampyra or from our other research and development programs,
including Diazepam Nasal Spray or any other acquired or in-licensed programs;
we may not be able to complete development of, obtain regulatory approval for,
or successfully market Diazepam Nasal Spray or other products under
development; the occurrence of adverse safety events with our products; delays
in obtaining or failure to obtain regulatory approval of or to successfully
market Fampyra outside of the U.S. and our dependence on our collaboration
partner Biogen Idec in connection therewith; competition, including the impact
of generic competition on Zanaflex Capsules revenues; failure to protect our
intellectual property, to defend against the intellectual property claims of
others or to obtain third party intellectual property licenses needed for the
commercialization of our products; failure to comply with regulatory
requirements could result in adverse action by regulatory agencies; and the
ability to obtain additional financing to support our operations. These and
other risks are described in greater detail in Acorda Therapeutics' filings
with the Securities & Exchange Commission. Acorda may not actually achieve the
goals or plans described in its forward-looking statements, and investors
should not place undue reliance on these statements. Forward-looking
statements made in this release are made only as of the date hereof, and
Acorda disclaims any intent or obligation to update any forward-looking
statements as a result of developments occurring after the date of this
release.

Contact:

Acorda Therapeutics
Jeff Macdonald, 914-326-5232
jmacdonald@acorda.com
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