Washington, D.C. 20549


Pursuant to Section 13 or 15(d) of the Securities Exchange Act
Date of Report:  December 22, 2009
(Date of Earliest Event Reported)

Akorn, Inc.
(Exact Name of Registrant as Specified in its Charter)

(State or other
Jurisdiction of
File Number)
(I.R.S. Employer
Identification No.)

1925 W. Field Court, Suite 300
Lake Forest, Illinois  60045
(Address of principal executive offices)
(847) 279-6100
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

[ ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 22, 2009, Akorn, Inc. entered into an amendment to the Executive Consulting Agreement between the Company and Raj Rai, its Interim Chief Executive Officer.

The Executive Consulting Agreement was amended to extend its term for one year from the original expiration date of December 7, 2009 to an amended expiration date of December 7, 2010.

The foregoing summary is qualified by reference to the complete full text of the amendment which is attached to this Form 8-K as Exhibits 10.1 and incorporated by reference.

Item 9.01
Financial Statements and Exhibits.
(c) Exhibits. The following are furnished as exhibits to this Current Report:
Exhibit No.
Description of Exhibit                                                                                               .
Form of Amendment to Executive Consulting Agreement between Akorn, Inc. and Raj Rai, dated December 8, 2009.


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
  Akorn, Inc.  
/s/  Timothy A. Dick  
    Timothy A. Dick  
    Chief Financial Officer  
Date:  December 22, 2009