Kodak Scores $765M Loan To Manufacture Pharmaceuticals

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Kodak will no longer only be known for producing cameras and film. The company will soon be involved in the pharmaceutical drug industry.

In a new deal announced Tuesday by White House trade adviser Peter Navarro, Kodak will help bring medical manufacturing back to the U.S. from overseas.

“This is the beginning of American independence from our pharmaceutical dependence on foreign countries,” Navarro said on FOX Business’ “Mornings with Maria.”

Read more at NEWSMAX

{Matzav.com}


2 COMMENTS

  1. Are there guarantees that Kodak will keep the manufacturing in the US? The loan agreement should be set up in way so as to force all Kodak’s medical manufacturing to be in exclusively the US.

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