Saturday, 02 Nov 2024

Djokovic has 80% stake in biotech firm developing Covid drug

Djokovic has 80% stake in biotech firm developing Covid drug


Djokovic has 80% stake in biotech firm developing Covid drug
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Novak Djokovic is the controlling shareholder in a Danish biotech firm aiming to develop a treatment for Covid-19 that does not involve vaccination, it has emerged.

The world No 1, who was deported from Australia this week after the government cancelled his visa in a dispute over a medical exemption relating to his unvaccinated status, bought an 80% stake in QuantBioRes in 2020.

Djokovic, who may also be barred from defending his French Open title in Roland Garros in May after the French government ruled on Monday that all athletes will have to be vaccinated in order to attend and compete in sporting events, acquired his stake in the company in June 2020.

The company is developing a peptide, which inhibits the coronavirus from infecting the human cell, and it expects to launch clinical trials in Britain this summer, Loncarevic said.

A spokesperson for Djokovic did not immediately respond to a request for comment.

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