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.
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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Jordan News
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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.
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.
Read more Region and World
Jordan News
