The CDC says that unless initiatives to curb the outbreak are ramped up considerably and quickly.

Alarming rise in Ebola instances projected New estimates by the global world Health Organization and the U Click to see more .S. Centers for Disease Control and Prevention are caution that the number of Ebola cases could soar dramatically in the weeks and a few months ahead. The CDC says that unless initiatives to curb the outbreak are ramped up considerably and quickly, the condition could infect up to 1 1.4 million people by mid-January in two nations, Sierra Leone and Liberia, alone. Since the first instances were reported six months ago, the state tally of situations in West Africa has reached around 5,800 ailments and over 2,800 deaths.

In addition, Akorn intends to grant to the initial purchasers of the Notes a 30-day time over-allotment option to purchase up to yet another $20 million aggregate principal amount of the Notes. The Notes will be convertible into shares of Akorn’s common stock, cash, or a combination thereof. The interest rate, conversion rate, conversion cost and other conditions of the Notes can be determined at the right time of pricing of the offering. Akorn intends to use the net proceeds from the sale of the Notes for general corporate reasons, including potential potential acquisitions and strategic transactions. Akorn does not have any pending understanding or agreement with respect to such acquisition or transaction..