Prometheus Biosciences

Prometheus Biosciences

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Overview

Prometheus Biosciences, Inc., former Prometheus Laboratories, Inc., a specialty pharmaceutical company, engages in developing and commercializing novel pharmaceutical and diagnostic products to help physicians individualize patient care. It markets and promotes Entocort EC, a glucocorticosteroid, which is indicated for the induction and maintenance of clinical remission in mild to moderately active Crohn's disease involving the ileum and/or the ascending colon. It has an agreement to acquire rights to LOTRONEX tablets, which is used in female patients with diarrhea-predominant irritable bowel syndrome; and an agreement to develop and commercialize COLAL-PRED, a development-stage product for the treatment of gastrointestinal diseases or other applications. The company also sells other branded drugs, including Imuran for use as an adjunct for the prevention of rejection in kidney transplantation and the management of active rheumatoid arthritis, Helidac Therapy for use together with an H2 antagonist for the eradication of helicobacter pylori bacteria, and Ridaura for the management of rheumatoid arthritis. In addition, Prometheus Laboratories sells a generic formulation of mercaptopurine, which is approved as maintenance therapy for acute lymphatic leukemia as part of a combination regimen through third-party distributors. Further, it provides diagnostic testing services, including specific immunoassays to detect and differentiate diseases, pharmacogenetic testing, and drug metabolite monitoring; and tests that assist physicians in using and monitoring thiopurine drugs and the detection, diagnosis, or treatment of celiac disease, lactose intolerance, and other related disorders. Prometheus Laboratories, Inc. was founded in 1995 and is headquartered in San Diego, California.

About

Industries

Biotechnology, Pharmaceutical, Therapeutics, Health Diagnostics

Founded

1995

Employees

501-1000

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Prometheus Biosciences headquartered in United States, North America, operates in the Biotechnology, Pharmaceutical, Therapeutics, Health Diagnostics sector. The company focuses on Biotechnology and has secured $91.4B in funding across 96 round(s). With a team of 501-1000 employees, Prometheus Biosciences is actively contributing to advancements in Biotechnology. Their latest funding round, Debt Financing - Prometheus Biosciences, raised $260.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Luis Cantarell

Luis Cantarell

Chairman of the Board of Directors

imagePlace Evan McClure

Evan McClure

Chief of Staff & Vice President, Business Operations

imagePlace MiRa Huyghe

MiRa Huyghe

VP, Clinical Operations

imagePlace Allison Luo

Allison Luo

Chief Medical Officer

imagePlace Thierry Dervieux

Thierry Dervieux

Chief Development Officer Diagnostics

imagePlace Olivier Laurent

Olivier Laurent

Chief Scientific Officer and Head of R&D

Funding Rounds

Funding rounds

6

Investors

0

Lead Investors

0

Total Funding Amount

$951.8M

Details

3

Prometheus Biosciences has raised a total of $951.8M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2020Private Equity130.0M
2018Early Stage Venture10.1M
2017Early Stage Venture3.7M

Investors

Prometheus Biosciences is funded by 11 investors.

Investor NameLead InvestorFunding RoundPartners
AGI Partners-FUNDING ROUND - AGI Partners130.0M
Cedars Sinai-FUNDING ROUND - Cedars Sinai130.0M
Prometheus Biosciences-FUNDING ROUND - Prometheus Biosciences130.0M
Nestlé-FUNDING ROUND - Nestlé130.0M

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