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Drugs & Pharmaceuticals M&A image Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Fri., Dec. 3, 4:50 PM Recent mergers and acquisitions in the Drugs & Pharmaceuticals M&A category.

Slide #80. Akorn Hi-Tech Pharmacal Co., Inc.

Acquirer: Akorn (AKRX)
Acquiree: Hi-Tech Pharmacal Co., Inc. (HITK)
Details: Akorn, Inc. (NASDAQ:AKRX) and Hi-Tech Pharmacal Co., Inc. (NASDAQ:,HITK) today announced that they have entered into a definitive agreement under which Akorn will acquire Hi-Tech for $640 million in cash.

Akorn is a generic pharmaceutical company that develops, manufactures and markets generic and branded prescription pharmaceuticals, branded as well as private-label over-the-counter consumer health products and animal health pharmaceuticals. Co.'s segments include: Prescription Pharmaceuticals, which primarily consists of generic and branded prescription pharmaceuticals in a variety of dosage forms including sterile ophthalmics, injectables and inhalants and non-sterile oral liquids, topicals, nasal sprays and otics; and Consumer Health, which primarily consists of branded and private-label over-the-counter products and animal health products dispensed by veterinary personnel.

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Akorn is a generic pharmaceutical company that develops, manufactures and markets generic and branded prescription pharmaceuticals, branded as well as private-label over-the-counter consumer health products and animal health pharmaceuticals. Co.'s segments include: Prescription Pharmaceuticals, which primarily consists of generic and branded prescription pharmaceuticals in a variety of dosage forms including sterile ophthalmics, injectables and inhalants and non-sterile oral liquids, topicals, nasal sprays and otics; and Consumer Health, which primarily consists of branded and private-label over-the-counter products and animal health products dispensed by veterinary personnel.

Open the HITK Page at The Online Investor »

Company Name: 
Akorn Inc
Website: 
www.akorn.com
Sector: 
Drugs & Pharmaceuticals
Company Name: 
HI-Tech Pharmacal Co., Inc.
Website: 
www.hitechpharm.com
Sector: 
Drugs & Pharmaceuticals
 

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