Does George Soros Own a Lab That ‘Developed’ COVID-19?

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

  • Published 2 April 2020

Claim

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

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Origin

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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:

soros wuhan lab

We’ve extensively covered the false notion that the SARS-CoV-2 virus was bioengineered in a lab in Wuhan, China, in a separate article and concluded that:

The theory that SARS-CoV-2 was manufactured in, and escaped from, a lab in Wuhan is based solely on the proximity of infectious-disease labs near a potential source of the COVID-19 outbreak. Several “scientific” claims have been made or manufactured to further bolster the notion that something nefarious is going on with COVID-19 and these labs, but this information comes from non-peer-reviewed papers misconstrued to be actual additions to the scientific record, or from disreputable websites such as Mercola.com. The actual scientific facts known about the novel coronavirus leave little room for it to be a virus of human creation, however.

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.