Altis Biosystems, a company co-founded by BME Chair Dr. Nancy Allbritton and BME faculty member Dr. Scott Magness, has received an NC IDEA SEED grant. Altis was chosen from a pool of more than 150 applicants as a result of its great potential for growth, employment, and additional economic impact. The company has developed a stem cell technology called RepliGut, which recreates human intestinal epithelium for drug testing and microbiome research. The sponsoring company, NC IDEA, is a private foundation with a mission to maximize the economic potential of the people of North Carolina by supporting the formation and fruition of high-growth entrepreneurial endeavors in the state.
Congratulations to Nancy, Scott, and the Altis team on this great achievement!