Akorn, Inc. has acquired the U.S. rights to three branded ophthalmic products, AzaSite, COSOPT and COSOPT PF, from Merck for $52.8 million in cash. In addition, Akorn has signed a two-year supply agreement with Merck and a transition services agreement. Akorn plans to ship COSOPT and COSOPT PF immediately upon closing and expects to begin shipping AzaSite in 1Q14.   “We are excited to announce this transaction which will further expand Akorn’s position as a leader in U.S. ophthalmolo...