Kodak to launch pharmaceuticals biz to fight COVID-19, gets $765 mn loan

Kodak to launch pharmaceuticals

Kodak has received a $765 million loans to launch a new business of manufacturing pharmaceuticals amid COVID-19. Kodak Pharmaceuticals aims to make "critical pharmaceutical components that have been identified as essential but have lapsed into chronic national shortage," it said. Kodak, founded in 1888, was known for making cameras but filed for bankruptcy in 2012 and moved onto printing.