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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,
 QqW9AYd8O9rox3crSYi4caTH9yTvdSJ+jMPwudq6FDAwGuCsLJRXT88PMGxT21s5
 g/2NjUQAF2WUMeHhpAO15Q==

<SEC-DOCUMENT>0001209191-09-040024.txt : 20090811
<SEC-HEADER>0001209191-09-040024.hdr.sgml : 20090811
<ACCEPTANCE-DATETIME>20090811175725
ACCESSION NUMBER:		0001209191-09-040024
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090807
FILED AS OF DATE:		20090811
DATE AS OF CHANGE:		20090811

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wall Randall J
		CENTRAL INDEX KEY:			0001401288

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32360
		FILM NUMBER:		091004828

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

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:		1925 W. FIELD COURT, SUITE 300
		CITY:			LAKE FOREST
		STATE:			IL
		ZIP:			60045
		BUSINESS PHONE:		8472796100

	MAIL ADDRESS:	
		STREET 1:		1925 W. FIELD COURT, SUITE 300
		CITY:			LAKE FOREST
		STATE:			IL
		ZIP:			60045
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c89207_4x0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-08-07</periodOfReport>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001401288</rptOwnerCik>
            <rptOwnerName>Wall Randall J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1925 W. FIELD COURT</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 300</rptOwnerStreet2>
            <rptOwnerCity>LAKE FOREST</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60045</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>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2009-08-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>20000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>32200</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Issued in the form of a Restricted Stock Award on August 7, 2009.  5,000 shares to vest on the date of grant, and 5,000 to vest on the one-year, two-year, and three-year anniversaries.</footnote>
        <footnote id="F2">There was no consideration given in exchange for the security.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Randall J. Wall</signatureName>
        <signatureDate>2009-08-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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