PRLN- MY NEXT PUTT RUN....
(COMTEX) B: PARACELSIAN ANNOUNCES OPENING OF TCMPHARMACY.COM
B: PARACELSIAN ANNOUNCES OPENING OF TCMPHARMACY.COM
ITHACA, N.Y., Oct 7, 1999 /PRNewswire via COMTEX/ -- - Paracelsian,
Inc. (OTC Bulletin Board: PRLN) announced the opening today of
TCMPharmacy.com (http://www.tcmpharmacy.com) offering nearly 700
traditional Chinese herbal medicines and traditional formulas for sale.
Also included in the product mix will be several products under the New
Century Nutrition label, including Andrographis Paniculata, a unique
Chinese herb with a long tradition of use for support of the immune
system and Leigongteng, an herb widely used in China to maintain normal
joint function, but little known in the United States.
The pharmacy is the newest extension of the China-med.net
(http://www.china-med.net/) section of Paracelsian's
NewCenturyNutrition.com (http://www.newcenturynutrition.com) portal
that offers unique content, products and services focusing on the
melding of traditional eastern medicine with the latest information and
thought on plant based nutrition.
Visitors to TCMPharmacy.com can search through the entire Chinese
Materia Medica by herb name or use and then quickly and easily order
the product of their choice. Or they can scroll through the entire
extensive product list and then simply click to read the entry in the
Materia Medica for that herb.
In addition to shopping at the TCM Pharmacy, visitors can choose from a
wide range of services, including everything from simple research
reports on specific Traditional Chinese Medicines to complete
development of new products from concept to clinical validation.
Visitors can even take advantage of TCMPharamcy.com's unique "Herb
Locator" to find and purchase virtually any Traditional Chinese
Medicine directly from the best sources in China.
"We are excited to take the lead in bringing Traditional Chinese
Medicines to the Internet community," said Bernie Landes, Paracelsian's
President and CEO. "The website has already begun to generate
meaningful revenues even in the first few days of operation and we
fully expect this segment of our business to play an increasingly large
role in our long-term growth," he added. "Clearly, this opens an entire
new set of opportunities to partner with other Internet players in the
health and well-being arena and we fully intend to pursue any and all
appropriate partnerships," he concluded.
Paracelsian is a unique biotechnology company whose business centers on
the development and application of functional bioassays. These assays
are the basis of its BioFIT(TM) Quality Assurance program for herbs,
botanicals and other dietary supplements, are also used in the
development of dietary supplements, OTC and pharmaceutical products,
and in monitoring environmental toxins and identifying carcinogens.
The company is actively involved in E-commerce through its Internet
business that leverages its unique relationships in China to provide
proprietary content and a variety of research services related to
Traditional Chinese Medicine on its China-med.net website
(http://www.china-med.net).
Notice: This news release may contain forward-looking statements.
Investors are cautioned that such forward-looking statements involve
risks and uncertainties, including but not limited to, the results of
research and development efforts, the effect of regulation by the
United States Food and Drug Administration and other agencies, the
impact of competitive products, product development, commercialization
and technological difficulties, and other risks detailed in the
Company's periodic reports filed with the Securities and Exchange
Commission.
No forward-looking statement is a guarantee of future results or
events, and one should avoid placing undue reliance on such statements.
SOURCE Paracelsian, Inc.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Bernard M. Landes, President and CEO of Paracelsian,
607-257-4224
WEB PAGE: tcmpharmacy.com
GEOGRAPHY: New York
INDUSTRY CODE: MTC
MLM
SUBJECT CODE: PDT
OTC
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