Healthcare Finance News February 26, 2021
The order is to correct a lesson learned from COVID-19 on dependence on countries such as China for PPE supplies.
President Joe Biden has signed a supply chain executive order that affects a broad range of materials, including pharmaceuticals.
The order mandates a 100-day review of four vital products: semiconductors; key minerals and materials, like rare earths, that are used to make steel for airplanes; pharmaceuticals and their ingredients; and advanced batteries, like the ones used in electric vehicles.
A chip shortage is squeezing automakers in the U.S. and worldwide, according to The Wall Street Journal. Cars use chips for numerous systems, including engine management, automatic braking and assisted driving.
Biden is also calling for a one-year review of other...
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