The loan will allow Eastman Kodak to launch Kodak Pharmaceuticals, a new arm of the company that will produce critical pharmaceutical components. Photo: AP
The loan will allow Eastman Kodak to launch Kodak Pharmaceuticals, a new arm of the company that will produce critical pharmaceutical components. Photo: AP
Coronavirus pandemic
World /  United States & Canada

Coronavirus: Kodak gets US$765 million for drug business, in move to cut US dependence on China and India

  • Trump describes move as ‘latest step to build the greatest medical arsenal in history’, after pandemic exposed US dependence on foreign supply chains
  • Government loan will allow struggling photo giant to launch pharmaceutical arm

Agencies

Updated: 7:54am, 29 Jul, 2020

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The loan will allow Eastman Kodak to launch Kodak Pharmaceuticals, a new arm of the company that will produce critical pharmaceutical components. Photo: AP
The loan will allow Eastman Kodak to launch Kodak Pharmaceuticals, a new arm of the company that will produce critical pharmaceutical components. Photo: AP
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