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BioWorld - Saturday, June 27, 2026
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Home » Stealing fire in GI, subsets effort by Prometheus lures Takeda to $420M IBD pact
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Stealing fire in GI, subsets effort by Prometheus lures Takeda to $420M IBD pact

Oct. 10, 2019
By Randy Osborne
CEO Mark McKenna told BioWorld MedTech that San Diego-based Prometheus Biosciences Inc. has "cracked the code" in inflammatory bowel disease (IBD) – progress underscored by the firm's deal with Takeda Pharmaceutical Co. Ltd., of Osaka, Japan, which brings an undisclosed up-front payment and as much as $420 million more if development, regulatory and commercial milestones are reached in three programs.
Medical technology Diagnostics Gastrointestinal

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