POTUS announced today that the old American photography company KODAK will receive a $765 million loan from the U.S. government to produce medical ingredients, including hydroxychloroquine.
(Magnelibra sent you a link to the front line doc’s yesterday, touting HCQ on the steps of the Supreme Court)
It’s the first loan of its kind under the Defense Production Act and is part of an American push to bring production back to the U.S., ending reliance on foreign sourcing.
Just for reference, Kodak was $2 two days ago, after hours trade up $3.88 to $11.82:
Kodak Goes Pharma!
The Wall Street Journal reported:
(Magnelibra sent you a link to the front line doc’s yesterday, touting HCQ on the steps of the Supreme Court)
It’s the first loan of its kind under the Defense Production Act and is part of an American push to bring production back to the U.S., ending reliance on foreign sourcing.
Just for reference, Kodak was $2 two days ago, after hours trade up $3.88 to $11.82: