Rainbow BioSciences is a company on the rise. Located in Nokomis, Florida, Rainbow BioSciences has quickly made a name for themselves on Wall Street. A division of Rainbow Coral Corp., the young company has continually sought new partnerships with biotechnology developers to deliver new medical technologies and innovations. Friday, Rainbow BioSciences announced they have begun due diligence for potential acquisition or joint venture with n3D Biosciences, Inc.
n3D is known as a developer of a revolutionary nonparticle cell-growth technology and offers a tremendous opportunity for the future of cell research for both companies.
Leading the way at Rainbow BioSciences is Patrick Brown whom serves as the company’s CEO. In reference to this article, Brown stated, “This technology could completely revolutionize cell research. It’s a great leap forward for researchers in fields such as oncology, stem cells, neurological disorders and more. The ability to more closely recreate cells as they appear in the human body will allow cell researchers to better observe and understand cell relationships in a lab setting and potentially achieve more meaningful results.”
With this advancement, Rainbow BioSciences will develop new medical and research technology innovations to compete with such companies as Celgene Corp. (NASDAQ: CELG), Amgen, Inc. (NASDAQ: AMGN), Affymax, Inc. (NASDAQ: AFFY), and Gilead Sciences, Inc. (NASDAQ: GILD).
Currently, Rainbow BioSciences is trading in the $1.10 range. To learn more about the company as a whole, visit their corporate website at www.RainbowBioSciences.com or follow them on Twitter at www.twitter.com/RBCCinfo.
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