Anonymous ID: 0f2e49 July 19, 2021, 11:08 p.m. No.14159188   🗄️.is 🔗kun   >>9195 >>9222 >>9325

08:58 GMT 19.07.2021Get short URL

by Nikita Folomov

2252

 

Bill Gates and George Soros Reportedly Team up for Buyout of UK Coronavirus Testing Company

 

The billionaires are close to buying a company which has managed to develop a 10-minute COVID-19 test that it aims to make for as little as $1.

 

Microsoft founder and philanthropist Bill Gates is believed to have teamed up with George Soros and his Economic Development Fund in a deal to buy Mologic, a UK-based company which has developed a 10-minute coronavirus test, The Telegraph writes.

 

Britain's Prime Minister Boris Johnson on his way to giving an update on relaxing restrictions imposed on the country during the coronavirus covid-19 pandemic at a virtual press conference inside the Downing Street Briefing Room in central London on July 5, 2021. - Prime Minister Boris Johnson will on Monday unveil a plan to lift most if not all of England's pandemic restrictions from July 19, as he urged the public to learn to live with the coronavirus

 

Their consortium will reportedly invest nearly £30 mln into Mologic to focus on development of the low-cost tests for tropical diseases such as dengue fever and river blindness. Founded in 2003, the company is currently owned by Foresight Group LLP and Calculus Capital.

Although the company has received a CE mark (Conformité Européenne) for its tests, they have yet to be approved for use in the UK or the US. Mologic was earlier given £1 mln by the UK government to develop its tests, but has accused the authorities of "stonewalling" its efforts to get the test used en mass in the country.

 

British media earlier reported that a group of philanthropists, including Gates and Soros, will offset the fallout from the UK government’s decision to reduce this year's spending on overseas aid from 0.7 percent of national income to 0.5 percent.

 

 

https://sputniknews.com/science/202107191083411990-bill-gates-and-george-soros-reportedly-team-up-for-buyout-of-uk-coronavirus-testing-company/