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Biotech / Medical : Akorn Inc.

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To: AT7 who wrote (62)11/10/1998 11:52:00 AM
From: W Shakespeare   of 101
 
Akorn Launches First Full-Service Ophthalmic Website: Allows for Direct Purchases, Complete Product & Corporate Info

NEW ORLEANS--(BUSINESS WIRE)--Nov. 10, 1998--At the annual meeting of The American Academy of Ophthalmology, Akorn, Inc. (Nasdaq: AKRN) today announced the unveiling of the Akorn full service website, at www.akorn.com. Attendees at this medical convention will have the opportunity to view the new website for the first time at the Akorn booth.

The Akorn website is the first full service ophthalmic Internet site, and includes Akorn corporate information as well as a link to Nasdaq. Most significantly, the website contains Akorn's full service catalog allowing professional customers to purchase ophthalmic pharmaceutical, surgical and medical office products directly over the Internet. The catalog, produced in conjunction with Amp e Merce, a leader in Internet catalog commerce, contains a state-of-the-art step search program which allows physicians to select products based on the characteristics of the product that they desire. The site also contains complete information about all marketed Akorn products. For example, background data on BioLon(TM), Akorn's new surgical product, will be a special feature for medical audiences in support of the product launch program. All information will be updated periodically.

R. Scott Zion, senior vice president and general manager of Akorn Ophthalmics said, "Akorn was started over 25 years ago as a distributor of ophthalmic medical supplies and pharmaceuticals. In fact, we were a catalog company long before we were a developer and manufacturer of sterile pharmaceuticals. It's only fitting that we be the first full service ophthalmic catalog to be on the worldwide web."

Akorn, Inc. manufactures and markets sterile ophthalmic and injectable pharmaceuticals, and markets and distributes an extensive line of ophthalmic products.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results as a result of certain risks and uncertainties, including but not limited to the effects of federal, state and other government regulation of the Company's business; the Company's success in acquiring, developing, manufacturing and marketing new products; the effects of competition from generic pharmaceuticals and other pharmaceutical companies; and other risks and uncertainties identified in the Company's Securities and Exchange Filings.

This release is available on the Akorn, Inc. website at www.akorn.com. and the KCSA Worldwide website at www.kcsa.com.

CONTACT:

Akorn

Rita McConville, Chief Financial Officer

847/279-6151

KEYWORD: LOUISIANA

BW1217 NOV 10,1998

7:05 PACIFIC

10:05 EASTERN
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