Arbitral Tribunal Confirmed Acorda's Redemption Right Regarding Biotie Shares And Biotie Shares Trading Has Been Terminated

The Arbitral Tribunal appointed by the Redemption Committee of the Finland Chamber of Commerce has today confirmed that Acorda Therapeutics, Inc. (Nasdaq: ACOR) ("Acorda") has the right to redeem the minority shares in Biotie Therapies Corp. (Nasdaq Helsinki: BTH1V) ("Biotie") and that Acorda has the right to obtain title to the minority shares by lodging a security approved by the Arbitral Tribunal for the payment of the redemption price and the interest accruing thereon. Pursuant to the confirmation of the redemption right, Nasdaq Helsinki Ltd has terminated public trading in Biotie's shares today at 9.05 a.m. The lodging of the security, the transfer of title to Acorda and the subsequent delisting of Biotie shares will be announced in due course through a separate stock exchange release.

Turku, 26 September 2016

Biotie Therapies Corp.

Antero Kallio

CEO

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