QualityStocks would like to highlight
Rainbow Coral Corp. (
OTCBB: RBCC), and its Rainbow BioSciences division. The company continually seeks out new partnerships with biotechnology developers to deliver profitable new medical technologies and innovations. Rainbow Biosciences is a new company focused on identifying, developing and marketing the next generation of bioscience solutions for the healthcare and scientific communities.
In the company’s news,
Rainbow Coral, as part of its ongoing effort to develop market opportunities for its biotech innovations, is now looking for new overseas targets that could benefit from adding licenses for the drug delivery protocols that its joint venture partner, TheraKine, has developed.
According to some experts, the worldwide market for the 10 most popular drug delivery technologies (DDTs) alone could grow to $81.5 billion by 2015. TheraKine is a leader in this space, having developed and patented novel, tunable technologies with the potential to enable selective, site-specific drug delivery. These technologies promise to lower drug concentrations and significantly reduced risk of drug toxicity.
Focused on building market share in this fast-growing sector, RBCC is targeting overseas healthcare providers for whom TheraKine’s advanced sustained-release delivery system could yield significant returns for their clients.
“Licensing is the key to making this a successful partnership with TheraKine,” said RBCC CEO Patrick Brown. “Together, we can spread this revolutionary technology around the globe to the doctors and patients who need it most.”
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