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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Richard Mazzarella who wrote (324)8/26/1996 5:58:00 AM
From: Harvey Allen   of 4342
 
Interesting company.

from 424B3 (07/31/1996)

<<Supply of Additional Herbal Extracts Under License Agreement. The Company
has received 2,800 out of a total of approximately 10,000 herbal extracts it
expects to receive under its license agreement with the Chinese Academy of
Preventive Medicine. While the Company expects to obtain the remaining
extracts, the inability of the Company to obtain these extracts could have a
material adverse affect on the Company's future business. However, the
Company's current inventory of herbal extracts will adequately supply the
Company's activities for the next several years.>>
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