Bill Gates and George Soros team up to buy Covid testing company for $41 Million…
George Soros and Bill Gates will spend $41 million as part of a consortium to buy Mologic, a British maker of Covid tests.
“In this unique transaction, philanthropic funds and investors are working together with a skilled and visionary management team in a truly innovative way to address at least one part of that failure by enabling a cutting-edge, commercial business to focus all its resources on solving one of the world’s most pressing public health issues.”
The Soros Economic Development Fund and the Bill & Melinda Gates Foundation announced the launch of a new initiative, called Global Access Health (GAH), aiming to strengthen the global rollout of life-saving medical technology, and the subsequent acquisition of Mologic Ltd, best known today for the deep nostril technology used to deliver rapid Covid-19 tests. The technology can also be used to test for dengue, bilharzia and river blindness.
Nothing to see here, nothing at all. Let’s move on. ⬇️
— Sandra Weeden (@SandraWeeden) July 19, 2021