Bill Gates and George Soros join buyout of UK Covid testing company – The Telegraph

Post author By EvidenceNotFear
Post date 19 July 2021

Billionaire philanthropists George Soros and Bill Gates are part of a buyout of Bedford based developer of lateral flow tests.

The founder of Microsoft founder joined the Soros Economic Development Fund in a deal to buy Mologic, which has developed 10-minute Covid tests that it aims to make for as little as $1.

The consortium will pump £30m into Mologic to focus on the low-cost development of tropical diseases such as dengue fever and river blindness, taking it on from current owners Foresight Group LLP and Calculus Capital.

https://www.telegraph.co.uk/business/2021/07/18/bill-gates-soros-join-buyout-uk-covid-testing-company/

Tags Bill & Melinda Gates Foundation, Bill Gates, Calculus Capital, COVID-19, Financial Incentives, Foresight Group LLP, George Soros, Mologic, Professor Paul Davis, Soros Economic Development Fund, Testing, The Telegraph

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