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.

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