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Kodak Switched To Pharmaceuticals And Received A US Government Loan

Writer: asiatimeseditorsasiatimeseditors

( Washington, 30th July 2020 ) Eastman Kodak, a major film manufacturer, will receive a US$765 million (RM3.245.47 million) loan from the US federal government to help the United States reduce its burden on other countries in terms of the ingredients of generic drugs. rely.


Kodak Pharmaceuticals, a subsidiary of Kodak, will produce key pharmaceutical ingredients that are deemed necessary by the US Food and Drug Administration (FDA) but have been in short supply across the country for a long time.


The government loan will help support the start-up costs required for Kodak's transformation and will help Kodak expand its existing facilities in Rochester, New York and St. Paul, Minnesota.


**Info & Image are taken online

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