Faded photo giant Kodak gets US$765 million for drug business

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

WASHINGTON (AFP) - Erstwhile photo giant Eastman Kodak will launch a new business manufacturing pharmaceuticals amid the coronavirus pandemic, using a US$765 million (S$1 billion) government loan, the company announced on Tuesday (July 28).. Read more at straitstimes.com.

WASHINGTON - Erstwhile photo giant Eastman Kodak will launch a new business manufacturing pharmaceuticals amid the coronavirus pandemic, using a US$765 million government loan, the company announced on Tuesday .

The firm, which signed a"letter of interest" with the DFC on Tuesday, will produce"up to 25 per cent of active pharmaceutical ingredients used in non-biologic, non-antibacterial, generic pharmaceuticals."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small Business Focus: Care Bears boost Florida toy importer, but he needs US$10 million right awayFlorida's Basic Fun has seen a sharp pickup in business since coronavirus shutdowns started lifting in May, but the toy importer needs more cash ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US senator Josh Hawley introduces legislation to curb Big Tech's ad businessWASHINGTON (REUTERS) - Republican Senator Josh Hawley on Tuesday (July 28) introduced legislation that would penalise large tech companies that sell or show targeted advertisements by threatening a legal immunity enjoyed by the industry - the latest onslaught on Big Tech's business practices.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »