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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John H. Farro who wrote (2916)6/12/1997 9:14:00 AM
From: Hank   of 4342
 
Robin,

Maybe we could all join forces and collectively bring a class action suit against Rhodes if PRLN goes belly up. By the time we were through with him, we may only get a few cents apiece but at least we can rest knowing that he is broke. Being a bad business man is one thing. Being a total liar is another. One more thing I forgot to mention. Bringing AnroVir and AndroCar to market as prescription drugs undercuts one of their primary advantages- cost. With 100's of millions invested, no major backer is going to let them sell these products cheap. They'll have to sell at a premium just to make back the initial investment. Then, once they start to make money, whomever put up the money for the clinical trials in the first place will take 99% of the pie because they have the most invested. So much for inexpensive treatments for the masses.

Hank
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