Akorn, Inc. is a niche pharmaceutical company that develops, manufactures and markets generic and branded prescription pharmaceuticals as well as animal and consumer health products. It specializes in difficult-to-manufacture sterile and non-sterile dosage forms including: ophthalmics, injectables, oral liquids, otics, topicals, inhalants, and nasal sprays. Akorn markets its products to retail pharmacies, ophthalmologists, optometrists, physicians, veterinarians, hospitals, clinics, wholesalers, distributors, group purchasing organizations, and government agencies.
Akorn was acquired by Fresenius Kabi AG on April 24, 2017.

Type
Public
Parent Company
Fresenius Kabi
HQ
Lake Forest, US
Founded
1948
Size (employees)
2,261 (est)
Website
akorn.com
Akorn was founded in 1948 and is headquartered in Lake Forest, US

Akorn Office Locations

Akorn has offices in Lake Forest, Ann Arbor, Gurugram, Jersey and in 3 other locations
Lake Forest, US (HQ)
300 1925 W Field Ct
Gurugram, IN
DLF Building Number 9B
Ann Arbor, US
2929 Plymouth Rd
Show all (7)

Akorn Financials and Metrics

Akorn Financials

Akorn's revenue was reported to be $253.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

253.4 m

Gross profit (Q1, 2017)

149.1 m

Gross profit margin (Q1, 2017), %

59%

Net income (Q1, 2017)

41 m

EBIT (Q1, 2017)

74.8 m

Market capitalization (20-Oct-2017)

4.2 b

Cash (31-Mar-2017)

307.4 m
Akorn's current market capitalization is $4.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

317.7 m593.1 m985.1 m1.1 b

Revenue growth, %

87%66%13%

Cost of goods sold

145.8 m295.5 m105.5 m442.6 m

Gross profit

171.9 m297.6 m879.5 m674.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

150.7 m132.7 m227.4 m220.9 m256.8 m268.3 m280.7 m284.1 m253.4 m

Cost of goods sold

74.1 m81 m97.2 m92.5 m93.8 m105.3 m109 m113.9 m104.3 m

Gross profit

76.7 m51.7 m130.2 m128.4 m163 m163 m171.8 m170.2 m149.1 m

Gross profit Margin, %

51%39%57%58%63%61%61%60%59%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

34.2 m70.7 m346.3 m200.8 m

Accounts Receivable

283.2 m

Inventories

5.8 m30.9 m20 m174.8 m

Current Assets

168.9 m494.3 m751.2 m685.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

107.9 m131.5 m123.5 m257.1 m314.5 m141 m156.3 m174.1 m307.4 m

Accounts Receivable

140 m145.2 m190.7 m130.8 m138.9 m172.2 m205 m263 m233.7 m

Inventories

108.9 m132.8 m149.4 m156.3 m175.9 m190.9 m188 m179.7 m172.3 m

Current Assets

397.2 m494.1 m543.9 m607 m698.8 m530 m593.9 m644.2 m736 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

52.4 m35.3 m37.5 m184.2 m

Depreciation and Amortization

7.4 m44.1 m17.1 m65.7 m

Accounts Receivable

(14 m)

Inventories

(3.8 m)(13 m)2.9 m(6.5 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

8.5 m(11.7 m)37.5 m70 m118 m41.9 m62 m47.9 m41 m

Depreciation and Amortization

8.6 m14 m21.1 m44.7 m63.8 m16.5 m16.4 m16.5 m15.5 m

Accounts Payable

37.8 m36.7 m7.9 m(3.6 m)9.4 m45.9 m48.3 m55.2 m50.6 m

Cash From Operating Activities

45.3 m181 m252.1 m
USDY, 2017

Revenue/Employee

112.1 k

Financial Leverage

2.3 x
Show all financial metrics

Akorn Market Value History

Akorn Median Salaries

Source: 75 public H-1B filings from Akorn

Traffic Overview of Akorn

Akorn Company Life and Culture

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