Akorn's Chief Steps Down After Losing Kabi Deal

 
• By Grace Montgomery

Akorn is seeking a new CEO after current head Raj Rai announced plans to retire, as a US Supreme Court decision enabled Fresenius Kabi to terminate the firms’ merger agreement that was first announced in 2017.

Seal terminated stamped on a document and fountain pen. Macro shot. Soft focus.
US supreme court decision allows Kabi to terminate Akorn deal • Source: Shutterstock

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