ARDSLEY, N.Y.--(BUSINESS WIRE)-- Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced that AMPYRA (dalfampridine) Extended Release Tablets, 10 mg unaudited net sales for the fourth quarter of 2012 were $73 million and unaudited AMPYRA 2012 full-year net sales were $266 million. These results are subject to completion of the Companys year-end audit. The Company provided 2013 guidance for AMPYRA net sales revenue of $285-$315 million. Guidance for Zanaflex (tizanidine hydrochloride) and ex-U.S. FAMPYRA revenue is $25 million, which includes sales of branded Zanaflex products, royalties from ex-U.S. FAMPYRA and authorized generic tizanidine hydrochloride capsules sales, and $9.1 million in amortized licensing revenue from the $110 million payment the Company received from Biogen Idec in 2009 for FAMPYRA ex-U.S. development and commercialization rights. Guidance for 2013 sales, general and administrative (SG&A) expense is $170-$180 million and 2013 research and development (R&D) expense is $60-$70 million. The increase in SG&A and R&D expenses in 2013 over 2012 is primarily related to research and commercialization expenses for the recently acquired product Diazepam Nasal Spray. Based on this guidance, the Company expects to be cash flow positive in 2013. President and CEO Ron Cohen, M.D. will provide a corporate overview, including the Companys recent acquisition … Continue reading →

A little boys new year wish came true when he managed to stand unaided for five minutes for the first time in his life. Brave Adam Kutereba has had a whirlwind 12 months in which he captured the hearts of thousands of people who raised 86,000 for surgery to change his life forever. The 10-year-old was born with tetraplegic cerebral palsy and has spent much of his life in a wheelchair. But an operation in the USA known as selective dorsal rhizotomy has given him renewed hope. Specialists at St Louis childrens hospital in Missouri lengthened his hamstrings, heel and knee cords to help him walk. Adam has been improving bit by bit since the treatment in August. He can now walk with a frame and has managed 21 minutes on a treadmill without a break. And on Christmas Day he stunned his family by standing up for five minutes without any aid. "Things have been amazing since the operation," said Adams mum Rachel, 34. "He is getting better all the time. It was a very special Christmas for our family." See the rest here: Small step is giant leap forward for Rochdale cerebral palsy boy Adam Kutereba … Continue reading →

Balurghat, Jan. 6: Their son died when he was 18. Now Ranjit Ghosh and his wife Jharna are spending sleepless nights afraid that they are going to lose their 11-year-old daughter Arpita soon. Both children began to suffer from cerebral palsy from early childhood. Ranjit, a resident of Andirpara, who sells sweets he makes to various shops, could not afford treatment. Neither Balurghat, nor any other place in South Dinajpur, has any help to offer to those suffering from cerebral palsy. The patients need rehabilitation at specialised centres, absent in South Dinajpur. The nearest facilities are in Siliguri. "Arpita was normal for some time after birth. But eight months onwards we noticed that she was not developing like other kids. We met local child specialists, who said that she would be normal after some time. But the girl did not grow. Later, we came to know that it was cerebral palsy," says Ranjit. "My second son Ripan died from the same disease. He died two years ago. He was 18. We exhausted all our in his treatment. Now we don't have any money. I don't know what I can do for Arpita. She is going to die," Ranjit said. Their … Continue reading →

Their son died when he was 18. Now Ranjit Ghosh and his wife Jharna are spending sleepless nights afraid that they are going to lose their 11-year-old daughter Arpita soon. Both children began to suffer from cerebral palsy from early childhood. Ranjit, a resident of Andirpara, who sells sweets he makes to various shops, could not afford treatment. Neither Balurghat, nor any other place in South Dinajpur, has any help to offer to those suffering from cerebral palsy. The patients need rehabilitation at specialised centres, absent in South Dinajpur. The nearest facilities are in Siliguri. "Arpita was normal for some time after birth. But eight months onwards we noticed that she was not developing like other kids. We met local child specialists, who said that she would be normal after some time. But the girl did not grow. Later, we came to know that it was cerebral palsy," says Ranjit. "My second son Ripan died from the same disease. He died two years ago. He was 18. We exhausted all our in his treatment. Now we don't have any money. I don't know what I can do for Arpita. She is going to die," Ranjit said. Their elder son is … Continue reading →