Acorda Therapeutics of Pearl River has filed notice with the New York State Department of Labor that it plans to lay off its 97 employees in June. Earlier this month, the company filed Chapter 11 bankruptcy as part of an asset purchase agreement with a Germany-based medicine manufacturer. Acorda is located at Blue Hill Plaza off Orangeburg Road. Orangetown supervisor Teresa Kenny says it’s never good to lose a large company like that, but that’s been the trend for the past few years…
WRCR market analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says the company had been struggling…
Merz Therapeutics will take over production of the medications produced by Acorda.