Eastman Kodak signs US deal for drug ingredients, says White House's Navarro

Published Tue, Jul 28, 2020 · 02:48 PM

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[WASHINGTON] Eastman Kodak has signed a deal with the US government to help produce pharmaceutical ingredients in the country, White House trade adviser Peter Navarro said in an interview with Fox Business network.

The Wall Street journal reported Kodak has been awarded a US$765 million government loan under the Defense Production Act, to help speed up domestic production of drugs that can treat different medical conditions and lower reliance on foreign sources. 

Eastman Kodak did not immediately respond to a Reuters request for comment. 

REUTERS

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