BUZZ-Tempus AI rises after securing FDA approval for tumor test

Tempus Al

Tempus Al

TEM

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** Shares of AI-enabled precision medicine firm Tempus AI TEM.O rise 7.2% to $55.07 premarket

** Co says U.S. FDA approved its diagnostic tool, xT CDx, for genetic profiling of solid tumors to help doctors identify which therapies will work best for the patient

** The test is designed to detect genetic alterations without requiring a matching normal saliva or blood sample from the patient

** xT CDx is also approved as a companion diagnostic tool to identify colorectal cancer patients who may benefit from targeted therapies

** Up to last close, stock down 13.1% YTD