Brief: Acorda Therapeutics Inc - As Of March 13, Had About $8.3 Million On Deposit With Svb
17/03/2023 10:28
March 17 (Reuters) - Acorda Therapeutics Inc ACOR.O :
* ACORDA THERAPEUTICS INC - AS OF MARCH 13, HAD ABOUT $8.3
MILLION
ON DEPOSIT WITH SVB
* ACORDA THERAPEUTICS INC - DEPOSIT WITH SVB REPRESENTED
ABOUT 22%
OF OUR UNRESTRICTED CASH AND CASH EQUIVALENTS AS OF DECEMBER 31,
2022
* ACORDA THERAPEUTICS INC - HAVE SUBSEQUENTLY TRANSFERRED
ALL
FUNDS THAT WERE DEPOSITED WITH SVB TO BANK THAT WE CONSIDER MORE
STABLE AND SECURE
Further company coverage: ACOR.O
((Reuters.Briefs@thomsonreuters.com;;))
Recent news on Acorda Therapeutics
See all newsBrief: Acorda TherapeuticsCourt Held Hearing To Consider Approval Of Sale Of Substantially All Of Co's Assets To Merz Pharmaceuticals Under Asset Sale
Brief: Acorda Says Debtors Did Not Receive More Than One Qualified Bid Before Bid Deadline, In Connection With Chapter 11 Proceedings
Live Markets: Biotech companies in 'Darwinian' world as cash remains king
U.S. FDA declines to approve Supernus' drug-device combination for Parkinson's disease (updated)
U.S. FDA declines to approve Supernus' drug-device combination for Parkinson's disease