COVID-19: A Manufactured Virus In A Soros-Owned Lab To Crash The Economy?

Somehow, some way, business magnate George Soros gets accused of being involved in almost every politically contentious event.

Financier George Soros owns the lab in Wuhan, China, where the COVID-19 coronavirus disease was "developed.

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As the COVID-19 coronavirus disease pandemic spread across the globe in March 2020, conspiracy buffs shared memes and videos featuring variations on a common theme — the SARS-CoV-2 virus was a human-made creation developed in a Chinese lab owned by all-purpose boogeyman George Soros for the purpose of causing economic disruption that would unseat Donald Trump from the U.S. presidency:

Regardless, the idea of a Soros connection to the COVID-19 pandemic stems from the fact that Wuhan, China, was the apparent origin point of the novel coronavirus, and WuXi AppTec, a Shanghai-based pharmaceutical, biopharmaceutical, and medical device company, operates a “small molecule drug discovery and research services” facility there. And according to the conspiracy theory, Soros “owns WuXi AppTec.” QED.

However, Soros holds no executive position at WuXi AppTec, and a list of the company’s major shareholders shows that none owns more than 10% of the shares, and all of the largest shareholders are Chinese entities with no discernible connection to Soros himself.

A May 2011 quarterly report filed with the U.S. Securities and Exchange Commission (SEC) shows that Soros Fund Management, a private American investment management firm, does (or did) have a holding in a related company (Wuxi PharmaTech (Cayman)). However, such institutional investment is common in the business world and does not make the head of any given investment firm the “owner” of all the businesses in which the firm holds a stake.

When pulled, the thread of Soros to Soros Fund Management, to Wuxi PharmaTech (Cayman), to WuXi AppTec, to a biotech research facility in Wuhan, leads to nothing. All credible scientific evidence indicates the SARS-CoV-2 virus evolved or mutated and was not bioengineered, and the addition of Soros to any far-fetched conspiracy theory indicates nothing so much as a lack of imagination.

Recent rumors that billionaire and super-supporter of the left-wing, George Soros, invested in a biotech lab that developed the coronavirus were labeled as false but there is some basis to the claims. The rumors were bandied about on social media last month but a closer look shows that a biotech lab in Wuhan is being outsourced and may end up in your backyard.

Documents from the Securities and Exchange Commission in 2011 show Soros Fund Management LLC invested heavily into WUXI Pharmatech Caymen, Inc., a pharmaceutical and biotechnology company. The company, established in 2000, provides validated research including in vitro (HTS, SAR screening support) and in vivo disease models in cardiovascular, respiratory, metabolic and infectious diseases.

The company is, in fact, owned by Ge Li and not Soros and there is no evidence that the Soros Fund continued to invest in the company.

WuXi AppTec operates 15 sites across the U.S., Europe, and the Middle East. One year before Soros invested in the company, they announced plans to build a $100 million research and development center in Wuhan. The center was opened one year after Soros’ investment, the Wuhan lab was opened. 

Late last year, all or Wuxi’s sites in China shut down. An article in Outsourcing-Pharma noted that after an “extended New Year holiday, most of Wuxi’s China sites are up and running.” The “sole exception” was the site in Wuhan which will “remain closed until local regulations permit it to reopen.”

As a result, the company is looking “reassign” the work carried out at its Wuhan site to its seven sites in the U.S. which employ 1,600 people.

Despite claims that the coronavirus was manufactured in a laboratory, this theory has been questioned by most credible sources. An article in Nature Medicinereported the following:

“If genetic manipulation had been performed, one of the several reverse-genetic systems available for betacoronaviruses would probably have been used,” the analysis reads. “However, the genetic data irrefutably show that SARS-CoV-2 is not derived from any previously used virus backbone.”

SOURCE:snopes.com