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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (2453)4/18/1997 9:48:00 PM
From: John H. Farro   of 4342
 
Rick, I would very much like to see Dr. Babish back. As you said previously, he was the heart and soul of Paracelsian. However, I doubt that he can work miracles. The company has a major dilemma, they need to market AndroVir or else they will probably run out of funds by September. I doubt Dr. Babish will be able to change that and I don't think the company has money to test AndroVir sufficiently to meet the FDA's approval. However, he is a persuasive speaker and he is probably more thoroughly acquainted with the technology than anyone else. Maybe he can come up with a way short of conducting another phase of testing to convince the FDA to allow AndroVir on the market.

I don't know why Dr. Babish left, but my get feeling is that Paul is correct and that he was pushed out by Rhodes. If this is what happened then Rhodes' ego is probably too big to allow him to invite Babish back and he would be willing to take PRLN down rather than swallow his pride in inviting Babish back.

Robin M.
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