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Industry News: Kodak Gets $765M Loan to Produce Drugs

By David Schonauer   Friday July 31, 2020

Remember when Eastman Kodak was a photography company? The Hill reports that Kodak has received a $765 million government loan to help expedite the domestic production of drugs to treat a variety of medical conditions and loosen the country's reliance on foreign sources. The loan, which is the first of its kind under the Defense Production Act, will be used to produce ingredients for generic drugs.

Read the whole story at THE HILL.

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