Lexington COO Loren Thompson was quoted by the Modesto Bee of Modesto, California in an article explaining the Defense Production Act. Dr. Cecilia Gounder, a member of President-elect Biden’s COVID-19 advisory board, told CNBC that he planned invoke the act to increase production of coronavirus vaccines, as well as tests and PPE.
“The Defense Production Act permits the president to push national security items to the front of the line, rather than following items that were previously ordered,” said Thompson. “It exists to speed up urgently needed items.”
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