Kodak Looks for New Uses for Patents with Opportunities in Health Care, Consumer Segments

When it was a photography and imaging giant, Eastman Kodak Co. routinely spent many hundreds of millions a year on research and development. Some of its scientists' discoveries became new products. Some ended up in a file cabinet.

Today a much smaller company, Kodak is looking at new ways of turning those mountains of unused patents into business, CEO Jeff Clarke said Wednesday.

Clarke in August announced a new business group, Kodak Technology Solutions, aimed at better commercializing its intellectual property.