Akorn pharmaceutical is a specialised company that develops niche generic and branded pharmaceuticals, over-the-counter drug products and animal health products internationally and in the U.S. The company was founded in 1971 and is headquartered in Lake Forest, Illinois. The Prescription Pharmaceuticals segment offers generic and branded prescription pharmaceuticals in various dosage forms, including sterile ophthalmics, injectables, and inhalants. The Consumer Health segment manufactures and markets OTC products. This segment offers a portfolio of animal health products, such as Anased and VetaKet veterinary sedatives; Tolazine and Yobine sedative reversing agents; and Butorphic, a pain reliever.