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Tuesday, September 26, 2006
Fampridine...UPDATE 3: Bloomberg....MORE
...Fampridine has been shown to improve communication between damaged nerves. Existing MS drugs either relieve symptoms such as pain or slow the disease's progression..... Acorda hasn't decided what the drug would cost. The company wants to position Fampridine-SR in the market between symptom- relief therapies, which cost patients as much as $4,500 a year, and treatments that slow progression at a cost of $10,000 to $20,000 annually, Chief Operating Officer Mary Fisher said during the conference call. Acorda, established in 1995, has one product on the market, the Zanaflex drug to help manage stiffness and muscle spasms in patients with multiple sclerosis or spinal-cord injuries, according to the company's Web site. |