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DOD launches $100m initiative to return COVID-19-related medtech, pharma manufacturing to the U.S.

By Nancy Crotti | June 23, 2020

U.S. Department of Defense DODThe U.S. Department of Defense announced today that it will dedicate $100 million authorized by the CARES Act to boost medtech and pharmaceutical manufacturing in the U.S.

Working with DOD, the U.S. International Development Finance Corporation (DFC) launched a request for proposals from companies seeking financing under the Defense Production Act, which prioritizes government orders amid a war or national crisis.

Get the full story on our sister site MassDevice. 

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