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Prometheus Biosciences develops precision medicines for inflammatory bowel disease.
Prometheus Biosciences develops precision medicines for inflammatory bowel disease, including the therapeutic candidates PRA023 and PRA052. The San Diego-based company raised USD 190 mn in its March 2021 IPO and USD 500 mn in a December 2022 private placement. Merck & Co., Inc. agreed to acquire it for USD 10.8 bn in April 2023; it is at the Series C stage.
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