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Biotech / Medical : Paracelsian Inc (PRLN)

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To: helkel who wrote (2442)4/18/1997 5:08:00 PM
From: helkel   of 4342
 
Called PRLN to discuss recent events, spoke to person who I will not name to keep their id secret. May timeframe is no good any longer, will take longer to get product out. Also mentioned that FDA is on scene again & working closely with PRLN. Also told me that Jeff () is guy to speak with at the PR firm about investor relations. Too, no packaged product is on the shelf, person said that a packaging type/scheme/method has not been selected. On good side, person said that the money/capital situation seems ok as they haven't heard otherwise.
All in all, i interpreted the call as follows: FDA might have intervened into dietary supplement route and put a halt to actually rollout of Androvir/car whatever. Story has not changed unless FDA requires a change in product/claims as planned. This could cause much trouble if PRLN does not have the $ to do a full FDA (3 phase ?) clinical trials for drug approval.
This piece of the puzzle seems to pull together other pieces of the movements that have occurred recently. Good luck to all and hope this was helpful.

Kelly
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