George Soros & Bill Gates lead buyout of UK Covid testing company

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Interestingly, the test has't been approved for use in either the UK and the US. Mologicā€™s CEO Mark Davis welcomed the acquisition deal, stating that "it means a transformation of his company into a social enterprise..."

Anyway...

''Mologic was established in 2003 by Mark Davis and his father Professor Paul Davis, one of the original creators of ClearBlue, the worldā€™s first home pregnancy test. Mologicā€™s technology has broad application across markets and disease states where rapid, accurate point-of-need testing can help make a significant difference in patient care and patient outcomes. Its extensive work in developing affordable testing for neglected tropical diseases has been supported by grant funding from a range of donors, and most significantly by the Bill & Melinda Gates Foundation...

...The Open Society Foundations, founded by its chairman George Soros, is the worldā€™s largest private funders of human rights and social justice advocacy groups. The Soros Economic Development Fund, established in 1997, pursues impact investments that are aligned with Open Societyā€™s broader mission, and currently holds 35 investments totaling c.$300m.''


Continued - Mologic to become a ā€˜Social Enterpriseā€™ after acquisition by social impact funders and investors
 
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My personal hunch is that with these two investing in this that 'Covid' will officially be with us for decades.

Everybody's positive. Heh heh.

Per the announcement...

"The transaction is important in that it transitions a world-class for-profit company into a social enterprise and allows it to entirely reinvest its profits in pursuing these goals."

To repeat, again per the announcement...


The Soros Economic Development Fund, established in 1997, pursues impact investments that are aligned with Open Societyā€™s broader mission
 

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