UAB spinoff receives $3 million in seed funding to develop probiotic formulations for lung health
UAB spinoff receives $3 million in seed funding to develop probiotic formulations for lung health A biomedical research company founded by a University of Alabama at Birmingham physician-scientist has received $3 million in seed funding. ResBiotic Inc. -- spun off from UAB last year -- will use the money to develop and commercialize groundbreaking probiotic formulations for lung health, says founder C. Vivek Lal, M.D., an associate professor in the UAB Department of Pediatrics, Division of Neonatology. The seed round was funded from a private equity syndicate led by Birmingham-based investmen...