Gilead Sciences Inc (GILD)

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A national Covid strategy.
A good part of the orders Biden has signed so far relate to the coronavirus pandemic. The Current administration is building a muscular federal response to the crisis, a major change from Trump’s decentralized approach. The Biden plan will include a Pandemic Testing Board to establish unified standards across the country and boost supplies, which are still inadequate. There will be a Federal vaccination campaign, with federaly run mass vaccination centers and mobile units for rural areas. States and cities will get more funding and personnel for speedy vaccine deployment. The Biden administration will rebuild scientific agencies that Trump shackled or gutted. It will also establish procedures for reopening schools and provide more resources for local school districts.

It’s a mystery why the previous administration didn’t take these types of steps early in the pandemic. Public health experts and business leaders have stressed all along that massively scaled testing is crucial to safely operating businesses and reopening those forced to close. Vaccines will ultimately reduce the need for testing, but the vaccine rollout has been slow since it kicked off in December, with widespread immunity not likely until 2022 at the current pace.