Acorda shares jump after Ampyra patent challenge denied

Acorda Therapeutics Inc. shares rallied in the extended session Monday after the U.S. Patent and Trademark Office denied a patent challenge against the company. Acorda shares jumped 24% to $36. The patent office on Monday denied a petition from the Coalition For Affordable Drugs challenging the patentability of Acorda’s multiple sclerosis drug Ampyra.

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