Rainbow Coral narrows list of regenerative medicine targets
USA-based Rainbow Coral Corp (OTCBB: RBCC) says it has opened talks with its top target in the regenerative medicine industry this week regarding a possible partnership or acquisition.
RBCC’s potential target specializes in relieving chronic back pain from degenerative disc disease using an innovative, patentable remedy derived from a patient’s own cells. The new procedure could have the potential to ease the suffering of billions of people while helping give RBCC a strong foothold in the explosive regenerative medicine market.
“We’ve targeted the most promising technology and development team we could find in this space because we believe in their product,” said RBCC chief executive Patrick Brown, adding: “We plan to get an agreement signed with them as soon as possible in order to begin making RBCC a part of the solution for chronic pain sufferers worldwide.”
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