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A look at the major movers on the London market on Tuesday

George Soros and Bill Gates Have Teamed Up for $41 Million Purchase of COVID Testing Company The purchase of Mologic Ltd. was announced by Open Society Foundations, which Soros founded. A release on the foundation’s website said the purchase creates “Global Access Health (GAH), a social enterprise that will seek to expand access to affordable state-of-the-art medical technology through decentralized research, development, and manufacturing in and for the Global South.” About $41 million will be ponied up by the buyers, which include the Soros Economic Development Fund and the Bill & M...

Foresight VCT plc - Annual Financial Report FORESIGHT VCT PLC 31 December 2020 Foresight VCT plc, managed by Foresight Group LLP, today announces the final results for the year ended 31 December 2020. These results were approved by the Board of Directors on 9 April 2021. The Annual Report will shortly be available in full at  www.foresightgroup.eu. All other statutory information can also be found there. Highlights The portfolio has seen an uplift in valuation of £4.8 million during the year. Net Asset Value per share decreased by 3.7% from 76.5p at 31 December 2019 to 73.7p. Including the...

Feb 14 2021 Read 3006 Times The University of Liverpool and Mologic Ltd have been collaborating on a lateral flow test which will allow farmers and vets to diagnose livestock exposure to fluke on farm, with results available within 10 minutes. Prevalent in over 70 countries worldwide and a common parasite affecting cattle and sheep in the UK, Fasciola hepatica (the liver fluke) is estimated to cause over US 3.2 billion dollars in livestock production losses. Professor Diana Williams and Tessa Walsh PhD, Infection Biology at the University of Liverpool jointly commented: “We are delighted th...

January 12, 2021 BEDFORDSHIRE, UK — December 24, 2020 — Mologic Ltd, a leading developer of lateral flow and rapid diagnostic technologies, is pleased to announce its professional-use COVID-19 Rapid Antigen Test has been certified with a CE mark, following independent assessment by the Liverpool School of Tropical Medicine (LSTM). The test will provide health professionals an accurate detection of the nucleoprotein of the SARS-CoV-2 virus in respiratory swabs, within 10 minutes. Development and validation were supported by the Wellcome Trust and the Foreign, Commonwealth and Development O...