Akorn Inks OTC Manufacturing Deal

Posted on March 24, 2008 @ 08:57 am

Akorn, Inc. has signed a five-year commercial manufacturing and supply agreement with a U.S. ophthalmic company. Under the terms of the agreement, Akorn will be responsible for the manufacture and supply of three OTC eye care products. The products will be manufactured at Akorn's Decatur, IL production facility and are targeted for distribution in the U.S. and worldwide 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 closely with our partner to commercialize their OTC line of products."