Djokovic has major stake in Covid company

Novak Djokovic has a majority stake in a Danish biotechnology firm attempting to develop a treatment for Covid-19, the London Independent has reported.

Djokovic is now back in Serbia after being deported from Australia on Sunday for failing to meet the country’s tough Covid immigration laws.

QuantBioRes boss Ivan Loncarevic has revealed that the tennis player’s acquisition of an 80 per cent stake was made in June 2020.

The company is developing a peptide, which inhibits the virus from infecting the human cell, and expects to launch clinical trials later this year.

The CEO told the media organisation the company had about a dozen researchers working in Denmark, Australia and Slovenia.

Djokovic and his wife Jelena own 40.8 per cent and 39.2 per cent of the company, respectively.

Peter Rowe

Recent Posts

Halep seething over Swiatek wrist-slap doping penalty

Doping sanction victim Simona Halep has gone online to protest her own treatment by anti-doping…

3 weeks ago

Nadal goes down in final match

Rafael Nadal lined up for what was to be the final match of his career…

1 month ago

Sinner flattens de Minaur in runaway home start

Jannik Sinner took charge in front of his home crowd on Sunday, crushing ATP Finals…

1 month ago

Madcap Medvedev suffers temperamental Turin Finals loss

Daniil Medvedev went into meltdown mode on Sunday during a highly charged 6-4, 6-3 loss, with opponent…

1 month ago

Team Sinner considering skipping Monte Carlo

Jannik Sinner could well be missing from the opening European clay event of next season…

1 month ago

Davis Cup Final to mark Nadal goodbye to tennis

Rafael Nadal will bring down the curtain on his career next month as he plays his…

2 months ago