Akorn

From WikiMD's Food, Medicine & Wellness Encyclopedia

Akorn is an American generic pharmaceuticals company that specializes in the development, manufacturing, and marketing of generic and branded prescription pharmaceuticals as well as animal and consumer health products. It is a New Jersey-based company with a strong presence in the United States, India, and Switzerland.

History[edit | edit source]

Akorn was founded in 1971 and has since grown to become a leading player in the pharmaceutical industry. The company's growth has been driven by a combination of organic growth and strategic acquisitions. Over the years, Akorn has acquired several other pharmaceutical companies, expanding its product portfolio and geographic reach.

Products[edit | edit source]

Akorn's product portfolio is diverse, covering several therapeutic areas. The company's products include generic and branded prescription pharmaceuticals, over-the-counter (OTC) consumer health products, and animal health pharmaceuticals. Some of the therapeutic areas that Akorn's products cover include ophthalmology, dermatology, and respiratory.

Manufacturing[edit | edit source]

Akorn operates several manufacturing facilities in the United States, India, and Switzerland. These facilities are equipped with state-of-the-art technology and follow strict quality control measures to ensure the safety and efficacy of the products.

Regulatory Compliance[edit | edit source]

Akorn is committed to maintaining the highest standards of regulatory compliance. The company's operations are regulated by several authorities, including the Food and Drug Administration (FDA), the European Medicines Agency (EMA), and the World Health Organization (WHO).

Financial Performance[edit | edit source]

Akorn's financial performance has been strong, with the company consistently reporting growth in revenues and profits. The company's financial success can be attributed to its diverse product portfolio, strategic acquisitions, and strong market presence.

Criticism and Controversy[edit | edit source]

Despite its success, Akorn has faced criticism and controversy. The company has been involved in several legal disputes, including allegations of price-fixing and antitrust violations.

See Also[edit | edit source]

References[edit | edit source]

External Links[edit | edit source]

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Contributors: Prab R. Tumpati, MD