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Novak Djokovic, wife hold 80% stake in company working on COVID-19 treatment

Novak Djokovic holds an 80% stake in a biotech agency that’s creating a COVID-19 treatment, QuantBioRes CEO Ivan Loncarevic mentioned to Reuters

Djokovic made the acquisition in June 2020, however Loncarevic didn’t reveal how a lot he invested. Per the outlet, Djokovic holds 40.8% whereas his wife, Jelena, owns 39.2% of the company. Loncarevic harassed to Reuters that QuantBioRes is working on creating a treatment, not a vaccine, for COVID-19.

The 20-time main singles champion made international headlines just lately after his COVID-19 controversy and visa battle forward of the Australian Open, which resulted in his deportation. The Australian authorities had revoked his visa from the nation for the second time simply days earlier than three federal court docket judges unanimously dismissed Djokovic’s software to overturn the immigration minister’s choice.

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