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

Kodak gets US$765 million for drug business to counter US reliance on China

  • 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
29 Jul 2020 - 7:54AM