@akorn.com
Akorn is a niche generic pharmaceutical company engaged in the development, manufacture and marketing of multi-source and branded
π’
Find anything inaccurate?
If you spot any mistakes on this brand profile, report to us.
Brand Logos
View allLogo
PNG
About
Description
Akorn, Inc. Founded in 1971, it is headquartered in Lake Forest, Illinois. The company produces and markets generic and branded prescription drugs, as well as over-the-counter (OTC) drug products.
Akorn operates on a global scale, with subsidiaries, joint ventures, and partnerships in various countries. The company has a strong presence in the United States, serving both the retail and institutional markets. It also has a growing international business, with a focus on emerging markets.
One of Akorn's noteworthy subsidiaries is Hi-Tech Pharmacal, a manufacturer and marketer of generic respiratory products, ophthalmic products, oral solutions, and topical creams based in the US. The company also has joint ventures and partnerships with various international pharmaceutical companies to expand its product offerings and distribution networks. In terms of market position, Akorn is considered a major player in the pharmaceutical industry.
It has a diverse portfolio of products that cater to a wide range of therapeutic areas. The company has been recognized for its expertise in ophthalmic products, where it has a strong competitive advantage. Over the years, Akorn has made significant achievements and changes to drive its growth.
In 2014, the company acquired VersaPharm to expand its generic product portfolio. It has also focused on research and development efforts to introduce new products and enhance its existing offerings. As of the latest updates, Akorn faced financial difficulties and filed for bankruptcy in April 2020.
The company underwent a restructuring process to address its debt burden and reposition itself for future growth. In February 2021, Akorn emerged from bankruptcy under new ownership and management. In conclusion, Akorn is a pharmaceutical company based in the United States that offers generic and branded prescription drugs and OTC products.
With a global presence, the company operates through various subsidiaries, joint ventures, and partnerships. Despite recent challenges, Akorn remains a significant player in the pharmaceutical industry, with a diverse product portfolio and a focus on innovation and growth
Brand collections
View allLogos
Colors
Fonts
Images
Our mission is to keep every brand on-brand everywhere π
All services online
Top brand categories