Prometheus Biosciences

Prometheus Biosciences

Committed to the discovery, development, and commercialization of novel precision therapeutics and companion diagnostics for patients living with unmet needs in gastroenterology and autoimmune disease.

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DateInvestorsAmountRound
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$10.8b

Valuation: $10.8b

Acquisition
Total Funding000k

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Revenues, earnings & profits over time
USD2019202020212022
Revenues0000000000000000
% growth-10 %155 %118 %
EBITDA0000000000000000
% EBITDA margin(1424 %)(2352 %)(2847 %)(2073 %)
Profit0000000000000000
% profit margin(2659 %)(3022 %)(2883 %)(2082 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
R&D % of revenue980 %1558 %1995 %1657 %

Source: Company filings or news article

More about Prometheus Biosciences
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Prometheus Biosciences is a unique biotech company that specializes in the development of precision treatments for immune-mediated diseases, with a primary focus on inflammatory bowel disease (IBD). The company operates in the healthcare and biotech market, serving patients suffering from these diseases.

Their business model revolves around the application of advanced data science and machine learning to a vast collection of IBD patient data. This approach allows them to create precise therapeutic and companion diagnostic product candidates with the potential to revolutionize treatment methods.

Prometheus Biosciences makes money by developing and commercializing these innovative treatments. One of their promising products is PRA023, a monoclonal antibody that has shown potential in blocking TL1A, a target associated with intestinal inflammation and fibrosis. The company is developing PRA023 in multiple indications, along with a companion diagnostic product, which will enable them to deliver targeted treatments for patients.

The company's unique discovery engine, Prometheus360, integrates various data sources to continually identify new drug targets and unique disease biomarkers. This engine is designed to transform treatment methods and improve patient outcomes significantly.

In simple terms, Prometheus Biosciences is using cutting-edge technology to create personalized treatments for immune-mediated diseases, aiming to replace the current one-size-fits-all approach with targeted therapies that can change patients' lives.

Keywords: Biotech, Precision Medicine, Immune-Mediated Diseases, Inflammatory Bowel Disease, Data Science, Machine Learning, Therapeutic Products, Diagnostic Products, Personalized Treatments, Prometheus360.

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