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American Made
- Aug 8, 2016
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Interestingly, the test has't been approved for use in either the UK and the US. Mologic’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 world’s first home pregnancy test. Mologic’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 world’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 Society’s broader mission, and currently holds 35 investments totaling c.$300m.''
Continued - Mologic to become a ‘Social Enterprise’ after acquisition by social impact funders and investors
Anyway...
''Mologic was established in 2003 by Mark Davis and his father Professor Paul Davis, one of the original creators of ClearBlue, the world’s first home pregnancy test. Mologic’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 world’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 Society’s broader mission, and currently holds 35 investments totaling c.$300m.''
Continued - Mologic to become a ‘Social Enterprise’ after acquisition by social impact funders and investors
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