Joe Biden to invoke Cold War-era law to boost medical supplies

[Collection]President Biden will utilize the Cold War-era Defense Production Act to boost investment in US manufacturing of essential medicines and medical countermeasures, which are deemed crucial for national defense. This measure is part of a broader effort by the Biden administration to strengthen industrial supply chains and address high inflation. Biden's authorization will enable the Department of Health and Human Services to facilitate investments in essential medicines and medical countermeasures.