GE Healthcare Financial Services Closes $25 Million Financing Transaction With Akorn, Inc.

BETHESDA, Md.--(Business Wire)--
GE Healthcare Financial Services served as lead arranger and administrative
agent on a $25 million senior secured credit facility to Akorn, Inc., a leading
specialty pharmaceutical company focused on developing, manufacturing and
marketing pharmaceutical products. Financing will be used for Akorn`s general
corporate purposes and working capital needs.

"GE Healthcare Financial Services` financial and industry expertise,
responsiveness and proven execution in a turbulent market was just what we were
looking for in a lender," said Arthur S. Przybyl, Chief Executive Officer of
Akorn. "We first approached GE when our existing credit facility was about to
expire. GE expressed with confidence that they could meet our financing needs --
and they did."

"We remain focused on working closely with customers to provide smarter capital
to help meet their business objectives," said Robert McCarrick, Senior Managing
Director for GE Healthcare Financial Services` Corporate Finance group. "In
today`s challenging market, healthcare customers clearly benefit from GE`s
industry expertise and experience lending through tough cycles."

About Akorn

Akorn, Inc. manufactures and markets sterile specialty pharmaceuticals. Akorn
has manufacturing facilities located in Decatur, Illinois and Somerset, New
Jersey, and markets and distributes an extensive line of hospital and ophthalmic
pharmaceuticals. For more information, visit www.akorn.com.

About GE Healthcare Financial Services

GE Healthcare Financial Services is the premier provider of capital, financial
solutions, and related services for the healthcare market. With approximately
$13 billion in assets, GE Healthcare Financial Services offers a full range of
financing capabilities from real estate financing and working capital lending to
acquisition financing. With a dedicated focus and a deep knowledge of the
healthcare industry, GE Healthcare Financial Services collaborates with
customers to create tailored financial solutions that help them improve their
productivity and profitability. For more information, visit
www.gehealthcarefinance.com.

GE (NYSE: GE) is Imagination at Work - a diversified technology, media and
financial services company focused on solving some of the world`s toughest
problems. GE serves customers in more than 100 countries and employs more than
300,000 people worldwide. For more information, visit www.ge.com.

This press release may contain "forward-looking statements" as that term is
defined in the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and involve
significant risks and uncertainties that may cause results to differ materially
from those set forth in the statements. We undertake no obligation to publicly
update any forward-looking statement, whether as a result of new information,
future events, or otherwise.

GE Healthcare Financial Services
Deia Campanelli
312-441-6169
deia.campanelli@ge.com
or
Arthur S. Przybyl, CEO
847-279-6100
investor.relations@akorn.com

Copyright Business Wire 2009