Forward your message to us on WhatsApp, Telegram or Signal

Fact Check: Does GSK own Wuhan Institute of Virology?

Published on:

Quick Take

A conspiracy theory Facebook post claims that the lab in Wuhan is owned by pharmaceutical company GlaxoSmithKline (GSK), which also owns Pfizer, the first drug company to receive emergency authorization for a COVID-19 vaccine. We did a Fact Check and found that the claim is False.

The Claim

A long text post on Facebook peddles the conspiracy theory that the Chinese lab from where the novel Coronavirus may have leaked is actually owned by GlaxoSmithKline (GSK). GSK also owns Pfizer, the company that is making COVID19 vaccines.

An archived version of the post can be seen here.

Fact Check

Who owns Wuhan Institute of Virology?

Wuhan Institute of Virology is a part of Chinese Academy of Sciences (CAS) and is controlled by China’s State Council, one of the country’s main government bodies.

In 2019, a CAS member wrote an open letter maintaining that it was run or financed by the Chinese government. As per the letter, over the past 40 years, half of its income has come directly from central-government investment; the rest has been from competitive funding or technology transfer.

Does GlaxoSmithKline (GSK) own Pfizer?

GSK is a British pharmaceutical company. Pfizer is an US company. Both are seperate companies and are public listed entities. Pfizer currently has 69% public ownership with the top shareholder being the Vanguard Group.

GSK and Pfizer has formed joint venture for some of their business divisions in 2018. But that venture doesn’t involve merging or swapping ownership.

Disclaimer: Medical Science is an ever evolving field. We strive to keep this page updated. In case you notice any discrepancy in the content, please inform us at [email protected]. You can futher read our Correction Policy here. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website or it's social media channels. Read our Full Disclaimer Here for further information.

Disclaimer: Medical Science is an ever evolving field. We strive to keep this page updated. In case you notice any discrepancy in the content, please inform us at [email protected]. You can further read our Correction Policy here. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website or it's social media channels. Read our Full Disclaimer Here for further information.

spot_imgspot_img
2,654FansLike
1,002FollowersFollow
250SubscribersSubscribe
spot_img

Read More

THE HEALTHY INDIAN PROJECT'S E-MAGAZINE:

INDIA'S TRYST WITH ALTERNATIVE MEDICINES DURING COVID-19

Disclaimer: Medical Science is an ever evolving field. We strive to keep this page updated. In case you notice any discrepancy in the content, please inform us at [email protected]. You can futher read our Correction Policy here. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website or it's social media channels. Read our Full Disclaimer Here for further information.