BUFFALO GROVE, Ill.--(BUSINESS WIRE)--March 8, 2006--Akorn, Inc. (AMEX:AKN) today announced that it has completed a $19.4 million financing. On March 1, 2006, the Company announced that it had entered into a definitive agreement with institutional and other accredited investors, in connection with the financing. The financing consists of $19.4 million in common stock. Investors also received warrants to purchase common stock.