Soros, Gates back medtech's move into a 'social enterprise'; Aging anti-rejection drug earns fresh approval

George Soros and Bill Gates are teaming up to buy out a British diagnostics company.

The pair and their foundations will spend about $41 million to transform Mologic into a “Social Enterprise” aimed at expanding access to state-of-the-art medical technology, the company announced Monday. Launched in 2003, Mologic comes from the father-and-son team of Mark and Paul Davis, the latter of whom helped create one of the first at-home pregnancy tests.