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Acorda gains on US Army contract to advance spinal cord treatment

This article was originally published in Scrip

Executive Summary

Shares of Acorda Therapeutics got a 3.4% boost on 24 January on word the company had snagged a $2.67 million research contract from the US Army Medical Research and Material Command (AMRMC) to support the development of the firm's AC105, a magnesium formulation under investigation as a treatment for acute spinal cord injury (SCI).

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