Rainbow Coral Corp. (RBCC) Takes International Approach to Finding Potentially Lucrative Licensing Opportunities
In the goal of increasing market opportunities for its biotech innovations, Rainbow Coral 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.…