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SuviCa Inc. of Boulder to commercialize CU-Boulder cancer screening technology
Date:9/19/2011

SuviCa Inc. of Boulder and the University of Colorado recently completed an exclusive license agreement for a CU drug screening technology to identify novel therapies for cancer.

The patented drug discovery tool, developed by CU-Boulder Associate Professor Tin Tin Su of the molecular, cellular and developmental biology department, uses a genetically modified Drosophila fruit fly model to screen for compounds effective against various types of cancer, either alone or in combination with existing therapies.

The screening technique will be used to identify new clinical candidates using a methodology that is both time efficient and cost-effective. Because it uses a whole-animal screening model, the technique can more easily eliminate drug candidates with undesired toxicity.

"SuviCa looks forward to advancing Dr. Su's technology in order to find better ways to treat cancer patients and to build a world-class business in the Front Range region," said Judy Hemberger, SuviCa's chairman and CEO.

"We are excited about the commercial possibilities for the drug screening technology developed by Dr. Su, which has already been used at CU to identify promising therapeutic candidates," said Tom Smerdon, director of licensing and new business development at the CU Technology Transfer Office, or TTO.

SuviCa recently received funding from Colorado's Bioscience Discovery Evaluation Grant Program, an initiative launched in 2007 by the state of Colorado's Office of Economic Development and International Trade to provide early-stage, matching seed grants to enable the development and commercial validation of promising technologies that are licensed from Colorado research institutions.

SuviCa also has received a grant from the Internal Revenue Service through the Qualifying Therapeutic Discovery Project Program aimed at small businesses. Current and future efforts will focus on identifying and optimizing additional lead compound
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Contact: Lindsay Lennox
lindsay.lennox@cu.edu
303-735-5518
University of Colorado at Boulder
Source:Eurekalert

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