Liquidation. They are cash strapped with revenue in decline. Can't attract venture capital. Sand is running out of the hourglass.
Are the manufacturing sites actually making any product? I heard that they stopped a few months back to get things fixed by hiring hundreds of consultants to help.
I feel like a court jester out here, deflecting questions from doctors, wondering what in the hell is going on at Akorn?!?!
In Akorn pre-2019, loyalty, good or bad , brown-nosing and barricading solutions due to cost was more valuable than quality and integrity. I predict those faults will be too big to overcome without drastically tough decisions. Needs HR and ethics/conduct department direction more than ever!!
