Merz closes ‘stalking horse’ bid for Acorda assets

German family-owned drugmaker Merz Therapeutics on Wednesday announced the closing of a previously-announced ‘stalking horse’ bid for assets from US drugmaker Acorda Therapeutics (Nasdaq: ACOR), which has filed for bankruptcy protection.

As a result, Merz has acquired rights to Inbrija (levodopa), Ampyra (dalfampridine) and Multiple sclerosis drug Fampyra (fampridine), and related assets from Acorda.

Ampyra is Food and Drug Administration (FDA) approved in the USA and commercialized as Fampyra in the European Union and other territories throughout the world.

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