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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Michael Yang who wrote (2977)7/19/1997 12:52:00 PM
From: paul goldstein   of 4342
 
michael, looking at the company report it would seem that
rhoades still owns his shsres.
why do you feel he sold them?
as to babish. he is gone from the scene.
seems that the government wants the products to be classified
as drugs not to be sold without their approval.
just think if they get some partners to work on different
product lines.
the new board members seem to have p.h.d. along with their names.
seems that they can figure outhow to enhance stockholder value
of course a partner would look good at this time
as to fast track testing for aids and cancer.
not sure how long even a fast track takes from this time
frame.
i think, not sure, they indicate they need two contolled
clinical studies of several hundred patients at more than two
sites to get the proper information.
not sure, but my reading is, they could do this and if the
tests went well, could market these products on an
emergency basis. not clear if they can make a profit or
ir the product is provided free at that time frame.
of couse this testing must cost a few million so a real
deep pocket partner is needed.
if they have something of value i think they could get
such a drug partner//
of course if no one steps foward, its back to the thinking cap
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