Quick Bites:
- The government is being proactive about ensuring shortages do not happen again.
- The government is conducting and in depth review of what qualifies as essential medical supplies and looking at the robustness of the supply chain
- The government now has the power to expedite approval of suppliers for essential medical supplies
- The government will provide incentives for domestic production
- If you are a domestic supplier of essential medical supplies you have additional reporting requirements
- Domestic suppliers must also provide the government with at least 30 day notice prior to ceasing or materially reducing production and state the reason why