Biden to boost US medicine manufacturing with Cold War-era measure

(Photo: Twitter/X)
WASHINGTON — On Monday, US President Joe Biden announced his intention to invoke a Cold War-era measure to boost investment in US manufacturing of medicines and medical supplies, deemed crucial for national defense, as stated by the White House. The investment also encompasses medical countermeasures (MCMs) used to diagnose, prevent, or treat diseases related to chemical, biological, radiological, or nuclear (CBRN) threats.اضافة اعلان

According to the statement, this announcement is part of a series of measures that the Biden administration is unveiling on Monday to support industrial supply chains and counter several years of historically high inflation.

Biden will authorize the Department of Health and Human Services to use powers under the Cold War-era Defense Production Act to facilitate investments in "essential medicines," as outlined in the White House statement.

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