Akorn, Inc.

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Akorn, Inc. - overview

Established

1971

Location

Gurnee, IL, US

Primary Industry

Pharmaceuticals

About

Akorn, Inc. is a pharmaceutical company engaged in the manufacturing and distribution of prescription medications and over-the-counter solutions, catering to various therapeutic categories and aiming to enhance patient outcomes in healthcare. Founded in 1971, Akorn, Inc. is headquartered in Lake Forest, US, focusing on pharmaceutical manufacturing.


Akorn has engaged in one investment deal, the most recent occurring on October 12, 2020. Akorn Operating Company LLC primarily specializes in the manufacturing and distribution of a diverse range of pharmaceutical products, including prescription medications and over-the-counter solutions. Their core product offerings encompass various therapeutic categories, such as anesthetics, analgesics, and ophthalmic preparations, among others. Notable products include Buprenorphine, Naloxone, and Albuterol Sulfate, which are utilized in pain management, addiction treatment, and respiratory therapy, respectively.


These products are designed to address specific medical needs, serving healthcare providers, hospitals, and patients across the United States and select international markets. With an emphasis on quality and safety, Akorn's portfolio reflects a commitment to improving patient outcomes and supporting the healthcare ecosystem. The revenue model for Akorn Operating Company LLC hinges on the sale of its pharmaceutical products through a combination of direct-to-consumer channels and business-to-business partnerships with healthcare providers and distributors. Transactions typically occur through wholesale agreements with hospitals and pharmacies, alongside contracts with healthcare organizations that require ongoing supply of specific medications.


For instance, flagship products like Albuterol Sulfate Inhalation Solution could be supplied through contracts that ensure a consistent availability to healthcare facilities. Pricing structures are established based on market demand, competitive positioning, and regulatory factors, allowing Akorn to maintain a sustainable revenue stream while addressing the needs of their client base efficiently. The company's strategic focus on providing essential therapeutic products underscores its importance within the healthcare supply chain.


Primary Industry

Pharmaceuticals

Sub Industries

Specialty Pharmaceuticals, Pharmaceutical Research & Development, Biomaterials

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Akorn, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedAkorn, Inc.-
Trade SaleCompletedVersaPharm Incorporated-

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