What’s behind Kodak’s pivot to pharmaceuticals?
Kodak used to be king when it came to cameras and film. In 1976, Kodak had a near monopoly of the U.S. photography market, accounting for 90% of film and 85% of camera sales, according to The Economist.But the move to digital photography in the early 2000s hit the company hard. Ironically, Kodak actually invented the first…