(CEO Today) – Gates will join the Soros Economic Development Fund in a deal to buy Mologic, the UK-based lateral flow test developer which has created 10-minute Covid tests. It is hoped that the tests will cost as little as $1 to produce. The covid-19 pandemic has demonstrated that lateral flow tests, previously most commonly used for pregnancy tests, can be used to mass test populations for a range of other diseases. Gates and the Soros Economic Development Fund will put £30 million into Mologic, focusing on the affordable development of rapid testing for tropical diseases, and taking the company on […]

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