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Stock impact report

Bill Gates helped fund birth control microchip but didn't invent it | Fact check [USA TODAY]

Dare Bioscience, Inc. (DARE) 
Last dare bioscience, inc. earnings: 8/14 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.darebioscience.com/investor-relations
Company Research Source: USA TODAY
“Bill Gates has invented a birth control microchip that can be switched on and off wirelessly,” reads on-screen text in the post. “The 20 x 20 x 7 millimeter chip can be implanted in the buttocks, upper arm, or abdomen, which then releases 30 micrograms of levonorgestrel a day – the hormone used in most contraceptives. The chip has (sic) said to last roughly 16 years.” The post was shared more than 600 times in a week. More from the Fact-Check Team: | | Our rating: False The device described in the post was invented by researchers at the Massachusetts Institute of Technology in the 1990s. Gates's charitable foundation has helped fund the development of the device, but he did not invent it, and he is not credited on any of the patents associated with the device. Device uses technology developed in 1990s at MIT While Gates has helped fund the development of the device described in the social media posts, it's incorrect to say he invented it, according to , an MIT professor Show less Read more
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