Akorn, Inc. Reports Record Net Revenue of $71.2 Million in 2006: A 60% Increase Versus 2005

BUFFALO GROVE, Ill.--(BUSINESS WIRE)--Akorn, Inc. (NASDAQ: AKRX): Gross Profit in 2006 increased by 80% to $26.9 million versus 2005. Research and Product Development spending increased in 2006 by 162% to $11.8 million versus 2005, or 17% of net revenues. Fourth quarter 2006 Revenues increased by 36% to $14.6 million. Akorn provides Outlook for 2007.

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