Wednesday, April 16, 2008

Akorn, Inc. Announces FDA Approval of Ofloxacin Ophthalmic Solution USP, 0.3%

Apr 16, 2008 - Akorn, Inc. (NASDAQ:AKRX) today announced that the U.S. Food and Drug Administration (FDA) has granted approval for Akorn's Abbreviated New Drug Application (ANDA) for Ofloxacin Ophthalmic Solution USP, 0.3%.

Ofloxacin Ophthalmic Solution is an anti-infective used to treat infections caused by bacteria in conjunctivitis and corneal ulcers. Annual sales for Ofloxacin were approximately $7.5 million in 2007, according to IMS sales data.

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