Eastman Kodak Co. has won a $765 million government loan under the Defense Production Act, the first of its kind. The purpose: to help expedite domestic production of drugs that can treat a variety of medical conditions and loosen the U.S. reliance on foreign sources.
The onetime leader in photography sales is gearing up to produce ingredients for generic drugs, including the antimalarial drug hydroxychloroquine that President Trump has touted in the treatment of coronavirus. Meanwhile, the U.S. is aiming to shift from relying...
What an innovation!
100,000 puts to 22,000 calls
Can't say m surprised..it's 2020 after all !
This is like a beauty tech switching to nursing, gotta go where the money is just make sure u give them a decade of experience b4 u just hop on and take their perscrips
Think anyone knew this deal was coming? I wonder how many people bought $KODK over the last couple of weeks. They're nothing but a bunch of crooks!
MrG_O mira el tread !
SenSchumer SenGillibrand Please help make sense of this! Are we (1)😊 to be producing an effective COVID19 therapeutic, (2)🙏 for 300 new jobs during a massive rec(depr)ession, or (3)😡 about pissing away $765m in tax money on snake oil? 1&2? 2? 2&3? ShannonJoyRadio ROC
Huge step in terms of regaining National self sufficiency for APIs and generic drugs.
I love it. realDonaldTrumpis helping to more jobs back to Rochester. Such a brilliant pivot on the part of Kodak
Why would the US give to Fuji !?
I wish Kodak the best.
It is the similarly case of Fuji film in Japan. Good luck!
Yet, Congress is fighting about giving Americans $200 more per month to help with their utilities.
So they are 'developing' a vaccine? 😉