Biden Son-In-Law Advising campaign while investing in COVID COs

LINK Breitbart Article
Democrat presidential candidate Joe Biden’s son-in-law is advising his campaign, specifically on the Chinese coronavirus crisis, while investing in companies presenting solutions to the coronavirus with his venture capital firm.

Biden’s daughter, Ashley, married Philadelphia head and neck doctor Howard Krein in 2012. Krein, while advising Biden on the coronavirus for his campaign, is investing in coronavirus-response companies as the chief medical officer at StartUp Health.

In March, as Covid-19 began spreading in the United States, the investment firm, StartUp Health, unveiled a new coronavirus initiative soliciting pitches from entrepreneurs with products that addressed the outbreak. [Emphasis added]

The next month, reports in Bloomberg and the New York Times listed Krein among those participating in daily calls to brief Biden on health policy during the pandemic, while StartUp Health announced its intention to invest $1 million across 10 startups with coronavirus applications within 30 days. [Emphasis added]

…

The influence concerns posed by the firm are compounded by its foreign ties. One StartUp Health fund raised $31 million from investors, including the Swiss drugmaker Novartis and the Chinese insurer Ping An, in 2018. The firm’s website also lists the Chinese technology conglomerate Tencent as a “co-investor” in its cancer moonshot initiative. A spokesperson for Tencent, Meredith Julian, declined to comment. [Emphasis added]