Deal

PRESS RELEASE

April 16, 2023 6:00 am ET

RAHWAY, N.J. & SAN DIEGO?(BUSINESS WIRE)? Merck (NYSE: MRK), known as MSD outside the United States and Canada, and Prometheus Biosciences, Inc. (“Prometheus”) (Nasdaq: RXDX) today announced that the companies have entered into a definitive agreement under which Merck, 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.

“At Merck, we are committed ...

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Merck