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Drug giant Merck, which has big NC presence, to buy US biotech in $11B deal

Drug giant Merck, which has plants in the Triangle and Wilson, is expanding its reach with an $11 billion acquisition of San Diego-based Prometheus…

Robert davisSan diego based prometheusChief executive robert davisReaking news

Merck to Buy San Diego s Prometheus Biosciences in $10 8 Billion Deal

Merck & Co. said on Sunday it will buy San Diego s Prometheus Biosciences for about $10.8 billion, in an effort to build up its presence in immunology.

Los angelesStephan targanRobert davisSinai medical centerMerck coPfizer incSeagen incPrometheus biosciencesSan diegoChief executive robert davisCedars sinai medical centerScience park roadCarroll park driveWall street

Health: Merck to buy Prometheus Biosciences for about $11 billion

Health: Merck to buy Prometheus Biosciences for about $11 billion
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United statesRobert davisSeagen incPfizer incMerck coPrometheus biosciences incChief executive robert davisWall street

Merck to build out immunology presence with $11 billion Prometheus deal

By Michael Erman (Reuters) -Merck & Co said on Sunday it will buy Prometheus Biosciences Inc for about $10.8 billion, picking up a promising experimental treatment for ulcerative colitis and Crohn's disease and building up

New jerseyUnited statesDavid goodmanTom hogueKanjyik ghoshRobert davisAkanksha khushiPrometheus biosciences incPfizer incSeagen incMerck coChief executive robert davisWall streetMichael ermanBill berkrot

Drug giant Merck, which has big NC presence, to buy US biotech in $11B deal

Drug giant Merck, which has plants in the Triangle and Wilson, is expanding its reach with an $11 billion acquisition of San Diego-based Prometheus Biosciences.

New jerseyUnited statesSan diegoRobertm davisMark mckennaRobert davisExchange commissionPrometheus biosciences incMerck research laboratoriesColitis organisationSan diego based prometheusChief executive robert davisPrometheus biosciencesEuropean crohnMerck researchHart scott rodino antitrust improvements act

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