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Biotech / Medical : Paracelsian Inc (PRLN)

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To: LEO RISHTY who wrote (3700)7/11/1998 12:36:00 PM
From: Jonathan Schonsheck  Read Replies (1) of 4342
 
Leo and the Threaders,

Family vacations are wonderful - Mackinac Island, Otsego Lake (with boat and jet ski), quaint Frankenmuth, Michigan. But vacations can put one out of touch!

I agree with the various revenue streams identified by Leo: the various ways money will flow from Scherer to Paracelsian.

But no one has cited the last sentence of the first paragraph: "In addition, the Agreement provides for collaboration between the two companies in the development of new dietary supplements and OTC products."

Scherer makes gelcaps (and other delivery systems) - and needs something to put in them. Paracelsian has a library of TCM extracts, including Andro-Whatever, plus an additional 10 that show exciting activity (see home page), plus (once again) access to thousands of additional extracts.

As I see it, BioFIT (in its many manifestations} provides steady income; the breakouts will originate in the TCM library.

Jonathan

According to my broker, after market close on Friday a Market Maker who has a major presence in biotec set the best offer at $1.00. That could well change by Monday AM - it might be positioning of some sort - but I think it an encouraging sign.
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