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    Home > Medical News > Medicines Company News > Kodak switched to pharmaceutical! Film-change capsules, also professional counterparts?

    Kodak switched to pharmaceutical! Film-change capsules, also professional counterparts?

    • Last Update: 2020-08-04
    • Source: Internet
    • Author: User
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    Pharmaceutical Network August 3, 30, "Koda one night fuse 13 times" on the micro-blogging hot search list.
    netizen: The Kodak that produces the film? I thought it was the same name.
    Kodak: Not with the same name, but my honoree.
    Kodak switched to pharmaceuticals, and the stock price spiked and the forgotten "film giant" was "red" again because the U.S. government would fund Kodak's foray into the pharmaceutical industry.
    foreign media reported that the U.S. government will provide Kodak with a $765 million loan to produce generic "starting materials" and "active pharmaceutical ingredients."
    since the outbreak in the United States, the U.S. government has sought to move away from dependence on foreign drug production chains and encourage U.S. companies to produce drugs and raw materials locally.
    White House trade adviser Navarro said that once Kodak started work, the U.S. anti-new crown drugs needed a quarter of the active ingredients can be produced in Kodak pharmaceutical.
    U.S. local time on the 28th, Kodak and the United States International Development Finance Corporation signed a letter of intent to invest, the loan to assist Kodak set up a start-up Kodak Pharmaceutical Company.
    , Kodak shares rose more than 200 percent to $7.94 on Tuesday, as a result of the news.
    29, Kodak's share price again surged, at one point in the session rose more than 650 percent, the share price rose to $60, triggered a total of 20 fuses.
    as of the close of trading on the 29th, Kodak's shares closed at $33.20, up 318.14 percent, giving it a market capitalization of $1.45 billion.
    before Kodak's popularity, many people's impression of Kodak may still be in bankruptcy.
    demand for film has been declining as a result of digital shocks.
    2006-2012, Kodak's operating income continued to decline, to $10,568 million, $10,301 million, $9.416 billion, $7.609 billion, $5,993 million, $3.585 billion and $2.719 billion, respectively.
    , a "film giant" that once accounted for 75 percent of the world's photographic equipment market, filed for bankruptcy protection in 2012.
    but the reality is that after all these years, Kodak is still alive.
    a hundred years of giant transformation, Kodak mobile phone, Kodak coin, have you heard? Kodak, nailed to the innovative negative textbook "The Pillar of Shame", officially declared bankruptcy protection in September 2013 after more than a year of self-help.
    , Kodak was spun off into two separate companies.
    in the refinancing listing, re-establishprinting, film and other old lines, Kodak also began a "cross-border" journey.
    Kodak announced its move into the mobile phone industry at the end of 2014, launched its first Android smartphone, the IM5, in 2015, and the smartphone Kodak Ektra in 2016, featuring lens technology, but not splashing anything.
    2017, Kodak has entered the fashion world, has worked with Brands Forever 21, H and M, launched Kodak joint clothing, and skateboard brand Girl Skateboards launched a joint skateboard.
    early 2018, Kodak even stepped into the blockchain space and launched Kodak Coin.
    's idea at the time was to crack down on image piracy through blockchain.
    photographers upload their own works and sell them, trading in Kodak coins.
    but it's disappearing into the public eye.
    this cross-border pharmaceutical, the heavy-duty Kodak will be able to re-emerge, it is not known.
    in the four months before the share price boom, Kodak's market capitalisation hovered around $100m, and this time it received $765m in government loans, more than seven times Kodak's.
    ", "inspiring Kodak, to survive in adversity.
    do sports cameras, make mobile phones, do magazines, do beer, do blockchain, did not get up, finally made a handy of medicine.
    " has commented on it.
    profile picture: Photo enthusiasts in Beijing Photo Equipment City to buy Kodak film.
    China News Agency reporter Futian
    catch ducks on the shelf, or professional counterparts? However, stock price performance is not the only concern, more people want to know is, "Does Kodak have a pharmaceutical past and a technical foundation?" ""Kodak and pharmaceutical feel eight rods can not fight, such a big investment really no cat?" Don't say, Kodak really once hit the pharmaceutical industry.
    1988, Kodak signed a merger agreement with Sterling Drug, a maker of prescription drugs, over-the-counter drugs and consumer goods, to buy Sterling, a pharmaceutical company, for $5.1 billion, or $89.50 a share. "The merger will accelerate our entry into the global pharmaceutical industry of more than $110 billion and will provide us with attractive long-term sales and profitability potential," said Colby H. Chandler, Kodak's then chairman and chief executive,
    .
    " John M. Pietruski, Sterling's chairman at the time, said Kodak's growing drug research base would help the combined company "take the lead in the pharmaceutical industry."
    but neither of the men stood up.
    six years later, Kodak split Sterling.
    according to media reports, the acquisition of Sterling has boosted Kodak's debt.
    by 1993, Kodak's debt had reached $9.3 billion.
    1994, Kodak spun off its imaging-related business, sold Sterling Pharmaceuticals and exited the pharmaceutical market.
    " the old man who did not do medical care.
    " others said that they are optimistic that Kodak will enter the pharmaceutical industry after 26 years, hoping that its "by virtue of the material chemistry base gorgeous turn."
    " is true, the same film "Millennium Ii" Fuji has also entered the pharmaceutical industry.
    , the research company of Avigan, which gained notoriety in the new outbreak of pneumonia, was taken over by FujiIna Chemical PharmaceuticalCo., a company that was known as Fuji.
    healthcare business has become one of Fuji's main revenue sources.
    Fujifilm's healthcare and high-performance materials generated $6.8 billion in sales in the first three quarters of fiscal 2019, accounting for 42.88 percent of total revenue.
    Kodak's business today also includes silver antibacterial materials and applications, specialty chemicals, medical imaging, and more.
    a screenshot of the medical imaging page on Kodak's official website.

    in April, Kodak announced the supply of isopropanol to New York, USA, to produce a hand sanitizer to fight the new coronavirus.
    Kodak's isopropyl alcohol is an important ingredient in the production of wash-free hand sanitizers, with an alcohol content of more than 75%.
    , however, some photography enthusiasts are more likely to ask: Can the film be cheaper than the question of whether Kodak can get back on the job? After all, before 16 yuan to buy a volume, now 50 yuan.
    (Complete)
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