BUFFALO GROVE, Ill.--(BUSINESS WIRE)--Jan. 13, 2006--Akorn, Inc. (AMEX:AKN) today announced the conversion of all 241,122 shares of outstanding Series A 6.0% Participating Convertible Preferred Stock ("Series A Preferred Stock") into 36,796,755 shares of Akorn's common stock. No shares of Series A Preferred Stock remain outstanding. This conversion is automatic and does not require any action on the part of Akorn or the holders of the Series A Preferred Stock.
