Acorda Therapeutics Announces Directors Stepping Down

HAWTHORNE, N.Y.--(BUSINESS WIRE)--Aug. 7, 2006--Acorda Therapeutics® (Nasdaq: ACOR - News) today announced that John Friedman stepped down from its Board of Directors effective August 3, 2006. Mr. Friedman has been a member of Acorda's Board of Directors since 2003. Mr. Friedman is the Managing Partner of Easton Hunt Capital Partners, L.P., a private investment firm that he founded in 1999.

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