A consortium backed by George Soros and Bill Gates has joined a buyout of Mologic, a COVID-19 testing company.
The Soros Economic Development Fund, an arm of Soros’ Open Society Foundations, confirmed in a July 19 statement that it has partnered with the Bill & Melinda Gates Foundation. The Soros–Gates collaboration is part of the Global Access Health initiative, which will invest “at least” $41.1 million in the project, according to the statement.
