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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John H. Farro who wrote (1810)2/20/1997 11:09:00 AM
From: Patrick Beck   of 4342
 
Robin, Thanks for the post(#920) about East West Herbs.
When will we know what the structure of their agreement with PRLN
is ? I'm a little cautious because of PRLN's lack of business saavy in
the past.
I have gone to Traditional Chinese Doctors for quite some time.
I've asked them about East West and they discount their importance
because most TCM practioners supply their patients with Herbs that
come from authentic Chinese Herb stores. In addition, they prefer
the formulas that are sold by the pharmaceutal companies that are
manufactured in China. (I believe these are actually owned by the government there). This is not to say that there aren't practioners
who rec. their products, however, my feeling is that the number could be disturbingly small. (for example, in the PR they mention countries
like Portugal, Spain, Italy-- these are very small markets for their
products & having lived in Italy, I can tell you the knowledge & belief
in such things is very, very small there.)
I think we need to get a clearer picture on this relationship & need to focus on what EXACTLY their marketing plans & budget will be.
Just MO
Patrick
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