Kodak Establishes Pharmaceutical Unit To Tackle Shortages

US Development Bank Signs $765m Loan For Kodak

Kodak’s new pharmaceutical unit receives a $765m loan from the US International Development Finance Corporation, through President Trump’s Defense Production Act, to produce critical pharma components that are essential but have lapsed into chronic national shortage, as defined by the FDA.

Kodak
Kodak’s new pharmaceutical wing will produce critical pharma components • Source: Shutterstock

The Eastman Kodak Company has announced successfully establishing its new business unit, Kodak Pharmaceuticals, which will produce critical pharmaceutical components that have been identified as essential but have lapsed into chronic national shortage.

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