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Re: nickwill69 post# 2082

Friday, 08/07/2020 7:23:18 PM

Friday, August 07, 2020 7:23:18 PM

Post# of 4960
Incorrect. They've been heavy into chemical manufacturing for years.

The FDA still lists the Rochester plant as an API manufacturer. This expires in 12.31.20, but, my guess is that it's going to be renewed.

Just type in Kodak where it says "Search for Firm Name"
https://www.accessdata.fda.gov/scripts/cder/drls/getdrls.cfm

They clearly have a history in this arena.
http://www.wicz.com/story/42451868/how-kodak-went-from-photography-pioneer-to-pharmaceutical-producer

1988: Kodak made an earlier foray into the pharmaceutical industry when it bought Sterling Drug Inc. for $5.1 billion. At the time, Kodak was the largest maker of photographic products in the world, but it faced growing competition in photography, and was in the process of diversifying its business. The company already had a life sciences segment, which the Sterling acquisition was intended to boost, the New York Times reported at the time.

1994: Kodak sold off the remainder of its Sterling assets for $2.9 billion in cash, part of a move to concentrate on its core photography and imaging business. Kodak had previously sold Sterling's pharmaceutical business for nearly $1.7 billion in cash, according to the Associated Press.



I'm not holding... just watching for a point I may want to get back in for a trade down the road.

Btw, many, if not most, appear to make money while in high office. Obama entered office close to poor and left very wealthy. The Trump administration isn't the only one.

The move to bring any manufacturing back to the US out of China is a good one.






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but they have never done anything with pharmaceutical drugs. this was a scam for trump to make over 100 million. the 850 million is already gone and they never made one pill. fools






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