Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Judy Muldawer who wrote (2921)	6/13/1997 11:32:00 AM
From: Hank	of 4342

Judy, Mine is pretty cloudy right now. I would say that PRLN has been looking for a major drug firm to back them for several months now. The fact that they haven't found yet isn't a good sign. One point in particluar that is going to hurt them is that they don't have a prominent scientist to act as CSO. Rhodes is obviously tryng to make up for this by bringing these new people on the board. Any drug firm is going to look and them and see that all the scientists responsible for the majority of the work are now gone and start to wonder why. They'll want to speak directly with the scientists involved, not some board member who's just coming online. They'll want to speak with Babish. If Babish was still at PRLN, I'd give them good odds. Since he's not, I give them a 20% chance of finding a backer. Hank

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