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Merck buys Prometheus

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Ulcerative Colitis
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Posted 4/20/2023 3:54 PM (GMT 0)
Excited to see Merck buying Prometheus (for $10.8 billion).

Another big pharma company getting into the game/stepping up their game.

(full disclosure: I'm a Merck employee, but thoughts shared here are my own and not supported or endorsed by Merck etc. etc) :P
Posted 4/20/2023 4:29 PM (GMT 0)
I saw that the other day. It looks like they have two drugs that are close to market for UC and more effective than anything currently on the market.

It's a different Prometheus than the Prometheus Labs that perform blood tests to measure our biological serum levels.
Posted 4/20/2023 10:34 PM (GMT 0)
Edit: I was wrong. You were right. They are different companies. Prometheus Labs and Prometheus Bioscience.

Post Edited (beave) : 4/20/2023 2:58:21 PM (GMT-8)

Posted 4/20/2023 11:34 PM (GMT 0)
I've spent the last 30 minutes trying to sort this out - and with little success.

Prometheus Labs and Prometheus Biosciences are two different companies, but they are *closely* related. I can't find anything that clearly explains their history or how they are related. But they were located right next to each other (until last year when Prom Bio moved a few miles away). And they were started by some of the same people.

It looks like those people first started Prometheus Labs, ran it for a few years, then sold it to Nestle Health in 2011. A few years later, they then started another Prometheus company, this one Prometheus Biosciences, practically next door to Prom Labs and with some of the same people behind it.
Posted 4/21/2023 1:52 AM (GMT 0)
Did they take all the data with them from the blood tests when they started the new company? I thought that I remembered something about that.
Posted 4/21/2023 2:23 AM (GMT 0)
Prometheus Labs has all the blood test data, from what I can tell.

Prometheus Biosciences has a "bio-bank" of tissue samples from probably thousands of IBD patients, much (or all?) of it taken from Cedars-Sinai's IBD center in Los Angeles.
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