other material
confidence high
sentiment positive
materiality 0.85
Personalis secures $50M Merck investment, extends Moderna pact, expands Tempus deal
Personalis, Inc.
- Merck to purchase 14,044,943 shares at $3.56/share for ~$50M; closing expected Dec 19, 2024.
- Merck receives standstill, information, pro-rata participation, and voting rights until 2 years post-close.
- Tempus AI authorized to sell NeXT Personal minimal residual disease test to pharma/biotech clients.
- Moderna extends SOW for V940/mRNA-4157 INT program to up to 10 years; Moderna can license IP for low double-digit millions.
- Personalis to use $10M of proceeds to open ISO-certified lab outside US, mutually agreed with Merck.