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In an investment pitch, James Biden said his brother’s cancer research initiative could financially benefit health-care executives, according to one potential investor in the conservation.
Biden’s brother, Joe, is the former vice president.
The allegation is the latest of many where one of Biden’s relatives have cited the former vice president’s clout to advance their business dealings (RELATED: The Biden Affair No One’s Talking About Yet).
Politico’s Ben Schreckinger reports:
Biden’s brother, James, made the promise to executives at Florida-based Integrate Oral Care during a phone call on or around November 8, 2018, according to Michael Frey, CEO of Diverse Medical Management, a health-care firm that is suing James Biden. At the time, James Biden’s business partners were pursuing a potential investment in Integrate, according to Frey and court records. Frey, who had a business relationship with James Biden and his associates, had introduced the group to Integrate.
James Biden told the Integrate executives that he would get the Biden Cancer Initiative to promote an oral rinse made by the firm and used by cancer patients, Frey, who said he participated in the call, told POLITICO. He added that James Biden directly invoked the former vice president on the call. “He said his brother would be very excited about this product,” Frey said.
A spokesman for James Biden disputed Frey’s account. “These charges stem from a frivolous lawsuit and are pure fantasy. We are not surprised that such baseless accusations have emerged during the Democratic primaries,” said David Fuscus, a spokesman for James Biden and Platinum Global Partners. “Jim Biden has been clear and consistent that he does not, and has never, discussed his business ventures with his brother.”
A spokesman for the Biden campaign, Andrew Bates, referred questions to Brian Smith, a lawyer at Covington and Burling. Smith said that the cancer initiative closed in July but that he was not immediately able to offer further comment.
The Biden Cancer Initiative became the focus of Mr. Biden’s life following the death of his eldest son Beau and the inauguration of President Donald Trump.