• President-elect Biden will use Defense Production Act to boost coronavirus vaccine production - CNBC reports, citing a member of Biden's Covid-19 advisory team

Market news

28 December 2020

President-elect Biden will use Defense Production Act to boost coronavirus vaccine production - CNBC reports, citing a member of Biden's Covid-19 advisory team

“You will see him invoking the Defense Production Act,” Dr. Celine Gounder, a member of Biden’s Covid-19 advisory board, told CNBC. “The idea there is to make sure the personal protective equipment, the test capacity and the raw materials for the vaccines are produced inadequate supply.”

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