Rainbow Biosciences in talks to license NASA bioreactor technology

20 September 2012

Rainbow Biosciences, the biotech subsidiary of Rainbow Coral Corp (OTCBB: RBCC).says that it has engaged Regenetech in discussions regarding the potential acquisition of a license to perform cell expansion using that company’s Rotary Cell Culture System.

The Rotary Cell Culture System is a rotating-wall bioreactor designed to facilitate the growth of human cells in simulated weightlessness. Cell cultures, including stem cells, grown inside the bioreactor look and function much closer to human cells grown within the body than the flat cell cultures grown in Petri dishes.

The device was developed by NASA and acquired by Regenetech, a company that owns the license to use the bioreactor to multiply stem cells. RBCC is interested in acquiring a license from Regenetech to use the cell culture system, facilitating partnerships with research centers worldwide.

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