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Announced

Merz Therapeutics to acquire Acorda Therapeutics for $185m.

Synopsis

Merz Therapeutics, a neurological disorders pharmaceutical company, agreed to acquire Acorda Therapeutics, an American biotechnology company for $185m. "Acorda’s management team and board have evaluated all of our strategic options, and following an exhaustive process believe that this option is in the best interest of stakeholders. One of our top priorities is to ensure an uninterrupted supply of our medications to people with multiple sclerosis and Parkinson’s disease. We are confident that Merz Therapeutics, if they are the ultimate acquirer, will be able to seamlessly continue serving these patients’ needs, given Merz’s longstanding dedication to improving the lives of people who suffer from movement disorders and other neurological conditions," Ron Cohen, Acorda Therapeutics CEO and President.

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