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| [March 13, 2013] |
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RBCC: Tech Innovations Drive Big Growth in $60 Billion Drug Delivery Market
NOKOMIS, Fla. --(Business Wire)--
The next generation of advanced pharmaceutical technologies could be
poised to fuel remarkable growth in the $60 billion global drug delivery
market, and Rainbow Biosciences-the biotech subsidiary of Rainbow Coral
Corp. (OTCBB: RBCC)-plans to be right in the middle of the action.
New drug delivery methods are seen by some pharmaceutical giants as a
crucial growth generator, and new innovations are spreading across the
healthcare sector. Many experts believe that personalized medicine is
the future of healthcare, and customized drug delivery has the potential
to drastically change the way value is assessed and compensated in the
U.S. healthcare system.
RBCC is working hard to capitalize on the changing drug-delivery
paradigm by partnering with key players in the field. The company is now
in talks with an emerging company that owns technology with the
potential to enable selective, site-specific delivery, allowing for
lower drug concentrations and greatly reducing the risk of drug
toxicity. In addition to helping millions of patients struggling with
chronic conditions, this bold new technology can also extend the patent
life cycles of drugs, giving potential pharmaceutical partners a
tremendous market advantage.
For more information on Rainbow BioSciences' current projects, please
visit www.rainbowbiosciences.com/investors.html.
Rainbow BioSciences will develop new medical and research technology
innovations to compete alongside companies such as Bristol Myers Squibb
Co. (NYSE: BMY), Biogen Idec Inc. (NASDAQ: BIIB), Abbott Laboratories
(NYSE: ABT) and Amgen Inc. (NASDAQ: AMGN).
About Rainbow BioSciences
Rainbow BioSciences, LLC, is a wholly owned subsidiary of Rainbow Coral
Corp. (OTCBB: RBCC). The Company continually seeks out new partnerships
with biotechnology developers to deliver profitable new medical
technologies and innovations. For more information on our
growth-oriented business initiatives, please visit www.RainbowBioSciences.com.
For investment information and performance data on the Company, please
visit www.RainbowBioSciences.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: This news release contains forward-looking information within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including statements that include the words "believes," "expects,"
"anticipate" or similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of the Company
to differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone's past
success, either financial or strategic, is no guarantee of future
success. This news release speaks as of the date first set forth above
and the Company assumes no responsibility to update the information
included herein for events occurring after the date hereof.

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