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Akorn, Inc.
Akorn Enters into a Commercial Manufacturing Supply Agreement for Three OTC Products
April 11th, 2008
Akorn, Inc. (NASDAQ:AKRX) announced the signing of a five-year commercial manufacturing and supply agreement with a U.S. ophthalmic company. Under the terms of the five-year agreement, Akorn will be responsible for the exclusive manufacturing and supply of three OTC eye care products. The line of products will be manufactured at Akorn's Decatur, IL production facility and are targeted for distribution in the U.S. and world wide markets. Arthur S. Przybyl, Akorn's President and Chief Executive Officer stated, "This partnership reflects Akorn's strong commitment to bringing high quality contract manufacturing services to the ophthalmic industry. We look forward to working...
Source: Health Business Week (2008-04-11)
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