Will The Defense Production Act Solve Drug Shortages?
President Biden recently invoked the Defense Production Act to support investment in domestic drug manufacturing. It’s part of Bidenomics and is designed to bolster supply chains and increase spending at home.
What’s the strategy here? And will it work?
TOPICS
(01:08) Defense Production Act
(02:04) Using DPA in healthcare
(03:20) Criticism of DPA
(05:14) US drug costs
(07:30) Drug shortages explained
(08:19) Outsourcing drug production
(10:30) Will DPA solve shortages?
(13:19) DPA’s blunt force
(18:24) Strategic stockpiles
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CareTalk is a weekly podcast that provides an incisive, no B.S. view of the US healthcare industry. Join co-hosts John Driscoll (President U.S. Healthcare and EVP, Walgreens Boots Alliance) and David Williams (President, Health Business Group) as they debate the latest in US healthcare news, business and policy.
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