09:03 AM EDT, 09/26/2024 (MT Newswires) -- Tempus AI ( TEM ) said Thursday that it has expanded its partnership with Takeda Pharmaceutical ( TAK ) to support Takeda's oncology research and development using real-world multimodal datasets and biological model systems.

Financial terms of the new agreement were not provided.

Tempus AI ( TEM ) said Takeda will use Tempus AI ( TEM )' real-world data and AI tools for its cancer therapeutic pipeline.

The companies have also initiated a multi-phase project using patient-derived tumor organoids linked to Tempus' genetic sequencing, aiming to improve drug candidate prioritization and effectiveness predictions, Tempus said.

Shares of Tempus were up 1.7% in recent premarket activity, while Takeda was marginally down by 0.2%.

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