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.
Key Metrics
Founded Year
1995
Location
Ardsley, United States
Stage
Acquired
Total Funding
$66.5M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 15, 2024
Investors
Ranked
281st among 3085 active competitors
Employee Count
166 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Merz (May 15, 2024)
Legal entities associated with Acorda
Acorda is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ACORDA THERAPEUTICS INC CIN: 1008848 , United States, Active | Mar 16, 1995 | - | - | - |
ACORDA THERAPEUTICS, INC. CIN: 133831168 , United States, Active | Dec 31, 1999 | - | 103 (As on Dec 31, 2023) | - |
Acorda's acquisition details
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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:
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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 |
View details of Acorda's funding rounds and investors
Acorda's founders and board of directors
Founder? Claim ProfileAcorda's employee count trend
Acorda has 166 employees as of Sep 26. Here is Acorda's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jazz Pharmaceuticals 2003, Dublin (Ireland), Public | Developer of novel biopharmaceutical medicines for unmet medical needs | $265M | 81/100 | |
2nd | Biogen 1978, Cambridge (United States), Public | Developer of therapies for neurodegenerative and immunology disorders | $80M | 78/100 | |
3rd | PTC Therapeutics 1998, South Plainfield (United States), Public | Developer of small molecule drugs for the treatment of rare diseases | $248M | 77/100 | |
4th | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 74/100 | |
5th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 73/100 | |
6th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
7th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
8th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 72/100 | ||
9th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
10th | Erasca 2018, San Diego (United States), Public | Developer of small molecule based therapeutics for cancer | $300M | 71/100 | |
281st | Acorda 1995, Ardsley (United States), Acquired | Developer of therapies that restore neurological function | $66.5M | 55/100 |
Looking for more details on Acorda's competitors? Click here to see the top ones
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) |
See all acquisitions by Acorda
Reports related to Acorda
Here is the latest report on Acorda's sector:
News related to Acorda
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Merz wins $185m bid for bankrupt Acorda assets and increases US workforce by 50%Pharmaceutical Technology•Jul 11, 2024•Merz, Acorda, Inbrija
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Merz Therapeutics’ $185m Acquisition of Acorda TherapeuticsGlobal Legal Chronicle•May 15, 2024•Acorda, Merz
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Merz closes asset buying agreement with US biotechnology companyFusoes & Aquisicoes•Apr 10, 2024•Merz, Acorda
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Acorda Joins Growing Group of Biotechs Filing for Bankruptcy, Divests Assets to MerzBioSpace•Apr 03, 2024•Acorda, Merz
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Merz Enters Asset Purchase Agreement With a US-Based Biotech CompanyBusiness Wire•Apr 02, 2024•Merz, Acorda, Merz
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