Luceome Biotechnologies, a University of Arizona spinoff company, received a $1.6 million grant from the National Institutes of Health to commercialize its drug research technology.
The grant award will help Luceome develop a product called KinaseSeeker that helps speed the process of finding effective cancer drugs.
Indraneel Ghosh, a UA chemistry professor, and his wife, Reena Zutshi, started the company in 2009.
The latest NIH award, a Phase II Small Business Innovation Research grant in August, follows a $287,000 Phase I SBIR grant the company won earlier this year.