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Bass Denied Trials In Acorda Patent Challenges; Shares Soar

This article was originally published in Scrip

Executive Summary

The US Patent & Trademark Office's Patent Trial and Appeal Board (PTAB) on Aug. 24 denied two so-called inter partes review (IPR) petitions filed by Kyle Bass – the hedge fund manager the drug industry loves to hate – and his Coalition for Affordable Drugs, which sought to invalidate patents held by Acorda Therapeutics for its FDA-approved multiple sclerosis drug Ampyra (dalfampridine).



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