Acorda Therapeutics Reports Second Quarter 2009 Financial Results.

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Acorda Therapeutics Reports Second Quarter 2009 Financial Results.

* Acorda and Biogen Idec Agree to Fampridine-SR Ex-U.S. Collaboration on June 30, 2009

* Upfront Payment of $110 Million; Potential Deal Value Over $500 Million

* Company Notified by U.S. Food and Drug Administration (FDA) that Advisory Committee Meeting Will be Held for Fampridine-SR

HAWTHORNE, N.Y. -- Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced its financial results for the second quarter of 2009.

"A very productive second quarter was highlighted by the completion of our ex-U.S. collaboration with Biogen Idec, which we believe could benefit pe...

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