We have developed a MCF7-derived cell line stably co-expressing the pleckstrin homology (PH) domain of Akt fused to Renilla luciferase (Luc-Akt-PH) and a plasma membrane-targeted YFP (YFP-Mem). Upon ligand stimulation, PIP3 production by PI-3 kinase induces the recruitment of Luc-Akt-PH at the plasma membrane, resulting in an energy transfer between Luciferase and the membrane-targeted YFP (Fig. 1). This permits to monitor PIP3 production in real time, in living cells. These cells are suitable for the screening and study of the effects of ligands and drugs on the PI3K/Akt pathway, notably in the context of diabetes and cancer-related research.