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Company intelligence / Profile preview
In December 2022, Prometheus announced positive results from two Phase II studies of its lead candidate PRA023/MK‑7240 in ulcerative colitis and Crohn’s disease. The ARTEMIS‑UC trial was placebo-controlled for moderate-to-severely active UC; the APOLLO‑CD study was open-label for moderate-to-severe CD. Both showed promising safety and efficacy data presented at ECCO.[1][2][3]
No products were yet approved or commercialized at the time of acquisition.
The company was acquired by Merck & Co., Inc. in June 2023 for $10.8 billion.[1][2]
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