Akorn, Inc. (NASDAQ:AKRX) a niche generic pharmaceutical company, announced that the U.S. Food and Drug Administration (FDA) has granted approval of the Company's Erythromycin Ophthalmic Ointment USP 1 g as a supplement to the Company's already approved Abbreviated New Drug Application (ANDA) for Erythromycin Ophthalmic Ointment USP 3.5 g. The company has begun shipping the product to its customers. "Recent market shortages have made this an attractive product which is complimentary to the other ophthalmic ointments Akorn currently sells...

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