MSD Strengthens Immunology Pipeline with Acquisition of Prometheus Biosciences, Inc.

MSD (tradename of Merck & Co., Inc., Rahway, N.J., USA) and Prometheus Biosciences, Inc. (“Prometheus”) (Nasdaq: RXDX) today announced that the companies have entered into a definitive agreement under which MSD, through a subsidiary, has agreed to acquire Prometheus for $200.00 per share in cash for a total equity value of approximately $10.8 billion. Read more.