Why Are Soros And Gates Buying UK COVID Testing Company?
"At least" $41 million...
The Gates-Soros collaboration is part of a new initiative, Global Access Health (GAH), which will invest "at least" $41 million in the deal, according to the statement. The transaction will feature a buyout of all Mologic's existing shares - including investments held by Foresight Group LLP and Calculus Capital.
Soros and Gates are part of the billionaire community looking to direct their philanthropic efforts to the so-called global south, referring broadly to the regions of Latin America, Asia, Africa and Oceania that many fear will be left behind as the more affluent West accelerates its program of vaccinations, testing and biosecure bubbles in the years ahead. Sean Hinton, the CEO of the Soros fund, said in a statement that the pandemic has “painfully demonstrated the fundamental inequities” in global public health, adding that this “unique transaction” has brought philanthropic funds and investors together to address the issue.
Roxana Bonnell, a public health expert from Soros’ Open Society Foundations, which claims to be the world’s largest private funder of human rights and social justice advocacy groups, said, “As we have seen during the Covid-19 pandemic, access to testing is absolutely essential when it comes to containing the spread of contagious disease—an issue that ultimately affects us all.” -Forbes
Founded in 2003 by father-son team Mark Davis (CEO) and father Paul (Chief Scientific Officer), Mologic has worked with Gates' philanthropic arm in the past - establishing the Center for Advanced Rapid Diagnostics (CARD) in 2016 with a backing of the Gates Foundation. Paul Davis is also known for inventing the Clearblue pregnancy test in 1988 - the world's first application of lateral flow technology according to the company.
This isn't the first time Gates and Soros have 'collaborated.' In 2015, a Jeffrey Epstein-funded think tank, the International Peace Institute, hosted a "Preparing for Pandemics" conference in Geneva - with senior officials from the Gates Foundation, Open Society, WHO, CDC, Red Cross and Pasteur Institute in attendance.
On September 12, the International Peace Institute (IPI) convened a meeting on “Preparing for Pandemics” to facilitate a discussion on lessons learned from past experiences with dealing with pandemics, and ways of preparing more effectively for future outbreaks.
Why Are Soros And Gates Buying UK COVID Testing Company?
Why Are Soros And Gates Buying UK COVID Testing Company? "At least" $41 million...
The Gates-Soros collaboration is part of a new initiative, Global Access Health (GAH), which will invest "at least" $41 million in the deal, according to the statement. The transaction will feature a buyout of all Mologic's existing shares - including investments held by Foresight Group LLP and Calculus Capital.
Soros and Gates are part of the billionaire community looking to direct their philanthropic efforts to the so-called global south, referring broadly to the regions of Latin America, Asia, Africa and Oceania that many fear will be left behind as the more affluent West accelerates its program of vaccinations, testing and biosecure bubbles in the years ahead. Sean Hinton, the CEO of the Soros fund, said in a statement that the pandemic has “painfully demonstrated the fundamental inequities” in global public health, adding that this “unique transaction” has brought philanthropic funds and investors together to address the issue.
Roxana Bonnell, a public health expert from Soros’ Open Society Foundations, which claims to be the world’s largest private funder of human rights and social justice advocacy groups, said, “As we have seen during the Covid-19 pandemic, access to testing is absolutely essential when it comes to containing the spread of contagious disease—an issue that ultimately affects us all.” -Forbes
Founded in 2003 by father-son team Mark Davis (CEO) and father Paul (Chief Scientific Officer), Mologic has worked with Gates' philanthropic arm in the past - establishing the Center for Advanced Rapid Diagnostics (CARD) in 2016 with a backing of the Gates Foundation. Paul Davis is also known for inventing the Clearblue pregnancy test in 1988 - the world's first application of lateral flow technology according to the company.
This isn't the first time Gates and Soros have 'collaborated.' In 2015, a Jeffrey Epstein-funded think tank, the International Peace Institute, hosted a "Preparing for Pandemics" conference in Geneva - with senior officials from the Gates Foundation, Open Society, WHO, CDC, Red Cross and Pasteur Institute in attendance.
On September 12, the International Peace Institute (IPI) convened a meeting on “Preparing for Pandemics” to facilitate a discussion on lessons learned from past experiences with dealing with pandemics, and ways of preparing more effectively for future outbreaks.
https://www.ipinst.org/2015/09/preparing-for-pandemics#4