The teams are developing over-the-counter, synthetic multi-cancer early detection tests to identify more than 30 stage I solid tumors using breath or urine samples.

At ASTRO, Artera presented clinical validation data on its prostate cancer test in an Asian population,and showed how the test may complement gene expression-based approaches.

The test uses mass spectrometry to measure several proteins to assess the likelihood that an individual has the brain amyloid pathology associated with Alzheimer's disease.

During a talk at the Jefferies Healthcare Services Conference this week, CFO Sam Samad said the business has exceeded the company's expectations.

Of the 30 companies in the index, 18 firms saw their share prices increase month over month, while 12 saw their stock prices decline.

The firms will integrate Fujifilm's picture archiving and communications system (PACS) with the Precidx's platform that is used to reduce image file sizes.