NOKOMIS, Fla.--(BUSINESS WIRE)--With strong growth predicted for the biotech and pharmaceuticals industry in 2012, emerging biotech firm Rainbow Coral Corp. (OTCBB:RBCC) anticipates a prosperous new year ahead.
Industry researcher RNCOS predicts that the global pharma industry will grow at a CAGR of 6.5 percent over the next two years. Many analysts say that increasing affordability, increasing disease prevalence, and rising healthcare spending will drive growth in the pharmaceutical market in 2012.