I cannot add a link because the only website with the story at the moment is WSJ and I refuse to sign up for it. However, I just saw the interview on CNBC. Kodak was already considering creating a Pharmaceutical division as they were already moving towards converting their massive chemical manufacturing facility in Rochester (largely vacant) to manufacture the basic ingredients for generic drugs. According to the person being interviewed, Kodak was selected also in part because they already had preliminary interest from generic drug manufacturers. The loan is being offered under the authority of the Defense Production Act. At full theoretical capacity, the Rochester campus will produce 25% of all generic drug needs in the US. They will temporarily employ 1400 construction workers and eventually nearly 2000 permanent jobs.