GSK's minimum spend commitment to Tempus AI for licensed de-identified data and related services (sequencing, trial matching, organoid modelling, algorithm development), non-exclusive, August 2022 to December 2027
a minimum of $180 million minimum total spend over the term, data and services together
Dated Aug 2022Source checked 27 Oct 2026Basis: stated
In the source's own words
“In exchange for certain discounted prices, GSK has committed to spend a minimum of $180 million on such products and services during the term of the GSK Agreement, of which $70 million was paid upon execution.”
Where it was read
Also read from the same source
- An initial batch of de-identified patient records licensed by Tempus AI to SB Tempus (its 50:50 joint venture with SoftBank) for specified uses in Japan, non-exclusive, transferable, with a limited right to sublicense, term ending 31 March 2026
- AstraZeneca's minimum spend commitment to Tempus AI for licensed de-identified data and related services under their master services agreement, non-exclusive, November 2021 to December 2026
- Tempus holds more than 8.6 million de-identified patient records (about 1.4 billion documents), over 8 million of them with imaging data, which it licenses to pharmaceutical and AI customers.
- Tempus's Data and applications line (mainly licences of de-identified records, plus trial services) earned $316.4 million in 2025, up 31%, with $70.9 million of the increase from its Insights data licences; signed contracts carried a remaining total contract value of more than $1.1 billion at the end of 2025, and net revenue retention was about 126%.
- Price exclusivity by what it covers: sole distribution earns a little more, sole use by one buyer earns a multiple
- An announced health-data contract total is a ceiling paid over deliveries, not money received
Figures it counts in
- $190M per contractData products, sales that happened, per contract