The United States, Great Britain and other countries were ahead of the rest of the world in developing and securing vaccines because they took the risk of investing while the pandemic was raging, former Defense Secretary Gilberto (GIBO) Teodoro, Jr. told University of Negros Occidental – Recoletos law students in an online forum.

Gibo Teodoro, a 2022 senatorial candidate, said that there is a need to pass a law or amend existing ones that will allow the government to invest in emerging technologies. What happened, Teodoro said, was that the country was near the end of the line of the COVID-19 Vaccines Global Access or COVAX, the worldwide initiative aimed at equitable access to COVID-19 vaccines.

This also is for national security purposes to enable us to have an edge in defense technologies, particularly in cyber security.