Sports & Fitness

No-Vax Djokovic holds major stake in firm developing Covid drug: CEO

Serbian tennis star is co-founder of biotech firm QuantBioRes, holds 80% stake of company with wife Jelena, according to Danish business register

Updated 4 years ago · Published on 20 Jan 2022 2:30PM

No-Vax Djokovic holds major stake in firm developing Covid drug: CEO
Biotech firm QuantBioRes, which is co-founded by tennis world number one Novak Djokovic (pictured above in 2021), aims ‘to develop a new technology to fight viruses and resistant bacteria’, and has ‘decided to use Covid as a showcase’, according to chief executive Ivan Loncarevic. – AFP pic, January 20, 2022

COPENHAGEN − Serbian tennis star Novak Djokovic − recently deported from Australia due to his coronavirus vaccine status − is co-founder and majority shareholder of a biotech firm developing a Covid-19 treatment, the Danish company’s CEO said yesterday.

“He is one of the founders of my company (that) we founded in June 2020,” QuantBioRes chief executive Ivan Loncarevic told AFP.

According to information publicly available in the Danish business register, 34-year-old Djokovic and his wife Jelena together hold a stake of 80% in QuantBioRes, which employs a workforce of around 20 in Denmark, Slovenia, Australia and Britain. 

“We aim to develop a new technology to fight viruses and resistant bacteria and we decided to use Covid as a showcase,” Loncarevic said.

“If we succeed with Covid, we will succeed with other viruses.”

QuantBioRes is planning to launch clinical trials in the UK in the summer, the CEO said. 

The unvaccinated men’s world number one flew out of Melbourne on Sunday after he failed in a last-gasp court bid to stay and play in the opening Grand Slam of the year, where he was targeting a record 21st major title.

His dramatic departure followed a protracted, high-stakes legal battle between the athlete and Australian authorities that cast a dark shadow over the tournament. 

Contacted by AFP, Djokovic’s spokesman declined to comment on the tennis star’s stake in the Danish biotech firm. – AFP, January 20, 2022

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