Biden uses Cold War law to increase drug production in the US

The president of U.S, Joe Bidenappealed this Monday to a law of the Cold War which gives it the capacity to intervene in the private sector and with which it seeks to promote the production of medicines at a time marked by the scarcity of some medicines in the country.

The announcement is part of a set of thirty measures that Biden approved this Monday with the aim of improving certain supply chains and countering the inflation rate in the country. USAwhich reached 3.2% in October.

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Specifically, Biden invoked the Defense Production Actlegislation adopted in 1950 in response to Korean War and in full Cold War.

This law allows the mobilization of the industrial sector and has already been used by the president to speed up the manufacture of masks and respirators during the pandemic. COVID-19.

On this occasion, Biden invoked the aforementioned law with the aim of facilitating investments in “essential medicines”, ensuring that there are enough medicines in pharmacies, arguing that US national security depends on this, the White House said in a statement.

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In recent months, there have been shortages of some medications used for weight loss, treatments for attention deficit hyperactivity disorder (ADHD) and antibiotics.

Source: Elcomercio

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I am Jack Morton and I work in 24 News Recorder. I mostly cover world news and I have also authored 24 news recorder. I find this work highly interesting and it allows me to keep up with current events happening around the world.