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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (2234)3/28/1997 8:59:00 AM
From: Hank   of 4342
 
Rick,

Planned succession or not, nobody knows the real reason behind Babish leaving. It could be any of 100 possibilities some of which may have nothing to do with PRLN. Until I know his story for certain, I will remain positive about their future.

Rick C. asked earlier about the FDA's view of AndroVir and AndroCar. I don't think the FDA will give them a hard time about selling the products as dietary supplements. However, I think they will have to moderate the claims they make about what the products can do. Remember the vitamin fiasco of a few years ago? The FDA got pissed off because vitamin manufacturers were claiming all sorts of medical benefits for their vitamins even though those claims had not been proven in clinical trials. The FDA threatened to seize their products from the shelfs unless they changed the labelling and stop claiming unsubstantiated benefits. This is a real danger for PRLN and may cripple their ability to capture wide spread interest in their products right off the bat. However, I think they will eventually pick up steam. As Paul said before, things like this tend to spread by word of mouth. Especially in the AIDS community. It just may take a awhile for things to really heat up. In either case, I'm staying put. If the stock does drop down to a $1 or lower, I'll buy more.

Hank
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