Healthcare

AKORN, INCORPORATED

Company Profile Analysis

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AKORN, INCORPORATED - Healthcare showcase

Year Founded & Workforce

1947-12-31

2,191 Employees

Industry

Healthcare

Services

A

AKORN, INCORPORATED Overview

Company Headquarters: Illinois, US

Founded: 1948

Workforce: ~2,191

Company Working: Akorn, Incorporated is a specialty generic pharmaceutical company that develops, manufactures, and markets generic and branded prescription pharmaceuticals, branded as well as private-label over-the-counter consumer health products, and animal health pharmaceuticals. The company develops, manufactures, and markets specialized in generic pharmaceutical products in alternative dosage forms. It focuses on difficult-to-manufacture sterile and non-sterile dosage forms including ophthalmic, injectables, oral liquids, topicals, inhalants, and nasal sprays. It operates through two reportable segments, namely, prescription pharmaceuticals and consumer health.

Strategy

Akorn, Incorporated is currently planning to expand and maintain its customer base. Additionally, the company is significantly increasing the adoption of healthcare imaging cloud-based solutions to provide secure access to more than 26 million medical images across the globe via Vue cloud services. It also restructured each of its businesses to streamline reporting and decision-making, encouraging team members at every level to drive a more agile and results-driven organization. In the coming years, it aims to be a trusted partner to all stakeholders, including service providers, patients, regulators, and shareholders.

Company Snapshot

$1,116.8M

Revenue

2,191

Employees

1947-12-31

Founded

Illinois, US

Headquarters

SWOT Analysis

Strengths

  • The eye health supplement, TheraTears is highly recommended by eye professionals all over the world
  • Supports nutrition science education by conducting and participating in seminars and workshops
  • Tie-ups with several distributors in North America, Europe, Oceania, Asia, and the Middle East

Weaknesses

  • Focus on too many segments

Opportunities

  • Global penetration through mergers and acquisitions
  • Product portfolio expansion

Threats

  • Increasing competition from other companies in developing markets
  • Government regulations regarding health issues and interventions
  • Increasing competition
  • Price fluctuations

Product Offering

  • AKORN, INCORPORATED
    • Ophthalmics

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles AKORN, INCORPORATED as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

AKORN, INCORPORATED

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