Tempus AI rises as it expands cancer research partnership with Gilead
Shares of healthcare AI firm Tempus AI TEM.O rise 1.5% to $47.99 premarket
Co says it has expanded its multi-year partnership with Gilead GILD.O to support cancer drug research
Collaboration gives Gilead wider access to Tempus’ real-world patient data and AI tools, which analyze medical records from cancer patients - TEM
Gilead will use the platform to design clinical trials, choose drug targets and study treatment outcomes, co says
Says partnership aims to speed up development of cancer medicines by combining Tempus’ data insights with Gilead’s drugmaking expertise
Gilead has previously utilized TEM's data for its oncology research, including trial design, health outcomes analysis and clinical evidence
As of last close, stock down ~20% YTD
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