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Acorda - About the company

Acorda is an acquired company based in Ardsley (United States), founded in 1995. It operates as a Developer of therapies that restore neurological function. Acorda has raised $66.5M in funding, with last known valuation of $*****. The company has 3085 active competitors, including 1031 funded and 732 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Biogen and PTC Therapeutics.

Company Details

Developer of therapies that restore neurological function. The company is engaged in the development and commercialization of therapies that improve neurological function in people with multiple sclerosis, spinal cord injury and other disorders of the nervous system. The company's product include Ampyra (dalfampridine) Extended Release Tablets (Ampyra), as a treatment to improve walking in patients with MS.
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Key Metrics
Founded Year
1995
Location
Ardsley, United States
Stage
Acquired
Total Funding
$66.5M in 4 rounds
Last Known Valuation
$***** as on May 15, 2024
Ranked
Employee Count
166 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Merz (May 15, 2024)

Acorda's acquisition details

Acorda got acquired by Merz on May 15, 2024 at an acquisition amount of $*****.
Click here to take a look at Acorda's acquisition in detail
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Acorda's funding and investors

Acorda has raised a total funding of $66.5M over 4 rounds. Its first funding round was on May 09, 2003. Its latest funding round was a Grant (prize money) round on Sep 30, 2011 for $*****. 1 investor participated in its latest round. Acorda has 18 institutional investors.

Here is the list of recent funding rounds of Acorda:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 30, 2011
6238981
Grant (prize money)
4494752
3602896
8037339
3489079
Oct 2006
3190965
Post IPO
9943698
6819396
8291472
9483657
Mar 2004
1311720
Series C
6393032
7173031
8563985
9608776
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Acorda's founders and board of directors

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Acorda's employee count trend

Acorda has 166 employees as of Sep 26. Here is Acorda's employee count trend over the years:
Employee count trend for Acorda
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Acorda's Competitors and alternates

Top competitors of Acorda include Jazz Pharmaceuticals, Biogen and PTC Therapeutics. Here is the list of Top 10 competitors of Acorda, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
81/100
2nd
Logo for Biogen
Biogen
1978, Cambridge (United States), Public
Developer of therapies for neurodegenerative and immunology disorders
$80M
78/100
3rd
Logo for PTC Therapeutics
PTC Therapeutics
1998, South Plainfield (United States), Public
Developer of small molecule drugs for the treatment of rare diseases
$248M
77/100
4th
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
74/100
5th
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
73/100
6th
Developer of antibody-based therapeutics for cancer therapy
$175M
72/100
7th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
8th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
72/100
9th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
71/100
10th
Logo for Erasca
Erasca
2018, San Diego (United States), Public
Developer of small molecule based therapeutics for cancer
$300M
71/100
281st
Logo for Acorda
Acorda
1995, Ardsley (United States), Acquired
Developer of therapies that restore neurological function
$66.5M
55/100
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Acorda's Investments and acquisitions

Acorda has acquired 3 companies including Biotie, Civitas Therapeutics and Neuronex. Acorda has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 19, 2016
Acquisition
1998
Turku (Finland)
Sep 24, 2014
Acquisition
2009
Chelsea (United States)
Feb 17, 2012
Acquisition
2010
Morrisville (United States)
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Reports related to Acorda

Here is the latest report on Acorda's sector:

News related to Acorda

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•
•
Key drug maker files for Chapter 11 bankruptcyThe Street•May 17, 2024•Acorda
•
Merz Therapeutics’ $185m Acquisition of Acorda TherapeuticsGlobal Legal Chronicle•May 15, 2024•Acorda, Merz
•
Acorda Therapeutics announces delisting from NasdaqSeeking Alpha•Apr 15, 2024•Acorda, Nasdaq
•
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