
Shares of cancer drug developer Tempest Therapeutics TPST.O rise ~9% to $7.79 in extended trading
TPST says it is exploring strategic alternatives, such as mergers or partnerships, to advance its cancer treatment programs
Company's pipeline includes its lead liver cancer drug, amezalpat, and TPST-1495, a treatment for familial adenomatous polyposis, a rare genetic disorder
Amezalpat received both Orphan Drug and Fast Track designations from the US FDA
As of last close, stock down 34% YTD