-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QiciM+ge8ksd/kbkh0eUETo7edleG/yMsAJgdNC/02AahalX46sgg267DwerHIGF
 h048baof4H9eFnuOl8vNXg==

<SEC-DOCUMENT>0000890163-07-000040.txt : 20070126
<SEC-HEADER>0000890163-07-000040.hdr.sgml : 20070126
<ACCEPTANCE-DATETIME>20070126174218
ACCESSION NUMBER:		0000890163-07-000040
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20061229
FILED AS OF DATE:		20070126
DATE AS OF CHANGE:		20070126

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AKORN INC
		CENTRAL INDEX KEY:			0000003116
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				720717400
		STATE OF INCORPORATION:			LA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2500 MILLBROOK DRIVE
		CITY:			BUFFALO GROVE
		STATE:			IL
		ZIP:			60089
		BUSINESS PHONE:		8472796100

	MAIL ADDRESS:	
		STREET 1:		2500 MILLBROOK DRIVE
		CITY:			BUFFALO GROVE
		STATE:			IL
		ZIP:			60089

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TREPPEL JERRY
		CENTRAL INDEX KEY:			0001213711

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32360
		FILM NUMBER:		07557855

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		7323215145

	MAIL ADDRESS:	
		STREET 1:		C/O WHEATON CAPITAL MANAGEMENT LLC
		STREET 2:		13 LUCILLE CT.
		CITY:			EDISON
		STATE:			NJ
		ZIP:			08820
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>s11-7029_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-12-29</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000003116</issuerCik>
        <issuerName>AKORN INC</issuerName>
        <issuerTradingSymbol>AKN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001213711</rptOwnerCik>
            <rptOwnerName>TREPPEL JERRY</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WHEATON CAPITAL MANAGEMENT LLC</rptOwnerStreet1>
            <rptOwnerStreet2>121 DURHAM AVENUE, BUILDING 3</rptOwnerStreet2>
            <rptOwnerCity>METUCHEN</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08840</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-12-29</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>6.25</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>469309</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ Jerry Treppel</signatureName>
        <signatureDate>2007-01-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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