Esteve Launches INBRIJA in Germany
Pearl River, N.Y -- Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced that Esteve Pharmaceuticals GmbH has launched INBRIJA® 33 mg (levodopa inhalation powder, hard capsules) in Germany. INBRIJA is indicated in the EU for the intermittent treatment of episodic motor fluctuations (OFF episodes) in adult patients with Parkinson’s disease treated with a levodopa/dopa-decarboxylase inhibitor.(1)
Under the terms of the distribution and supply agreements, Acorda will receive a significant double-digit percent of the selling price of INBRIJA in Germany in exchange for supply of the product, and will receive additional sales-based milestones. Acorda expects to start receiving revenue from the supply of the product during the second quarter of 2022.
“We are excited that INBRIJA is now available to the people with Parkinson’s in Germany who may benefit from a new treatment to address their OFF periods,” said Kerry Clem, Chief Commercial Officer of Acorda Therapeutics. “Esteve has a significant presence in Europe and an excellent track record of successfully commercializing neurological products there.”
Parkinson’s disease is the second most common neurodegenerative disease in Germany. According to current population estimates, there are up to 400,000 people living with Parkinson's disease in Germany, and there are 20 new cases per 10,000 people per year.Most people develop the disease between the ages of 55 and 65, men significantly more often than women. (2)
Acorda had also previously announced an agreement with Esteve to commercialize INBRIJA in Spain with a commercial launch in early 2023 and an agreement with Biopas Laboratories to commercialize INBRIJA in Latin America. Acorda continues to be in active discussions with additional companies for the rights to distribute INBRIJA in other countries throughout the world.
About Acorda Therapeutics
Acorda Therapeutics develops therapies to restore function and improve the lives of people with neurological disorders. INBRIJAis approved for intermittent treatment of OFF episodes in adults with Parkinson’s disease treated with carbidopa/levodopa. INBRIJA is not to be used by patients who take or have taken a nonselective monoamine oxidase inhibitor such as phenelzine or tranylcypromine within the last two weeks. INBRIJA utilizes Acorda’s innovative ARCUS® pulmonary delivery system, a technology platform designed to deliver medication through inhalation. Acorda also markets the branded AMPYRA® (dalfampridine) Extended Release Tablets, 10 mg.
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