Altis Biosystems Receives NC IDEA SEED Grant

Altis Biosystems, a company co-founded by the Joint Department of Biomedical Engineering (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!