Tempus Acquires Personalis for $1.5 Billion in Bid to Control Cancer-Test Market
Tempus AI (TEM) has acquired Personalis (PSNL) for $1.5 billion, gaining full control of the NeXT Personal cancer test that detects minimal residual disease using DNA fragments in blood. Despite Wall Street's strategic approval, Tempus' stock price dropped following the announcement.
Topics: AI biotech cancer diagnostics healthcare