Pfizer to buy Metsera in deal worth up to $10 billion
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Pfizer to buy Metsera in deal worth up to $10 billion
Pfizer has clinched a $10 billion deal for obesity drug developer Metsera, capping a fierce biotech bidding war between the New York-based pharma giant and Danish rival Novo Nordisk. Metsera accepted a sweetened offer from Pfizer late on Friday, citing U.S. antitrust risks in Novo’s bid that it had previously called superior.
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Pfizer has clinched a $10 billion deal for obesity drug developer Metsera, capping a fierce biotech bidding war between the New York-based pharma giant and Danish rival Novo Nordisk. Metsera accepted a sweetened offer from Pfizer late on Friday, citing U.S. antitrust risks in Novo’s bid that it had previously called superior. Read more: cnb.cx/3WO8LQK | CNBC
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Pfizer has clinched a $10 billion deal for obesity drug developer Metsera, capping a fierce biotech bidding war between the New York-based pharma giant and Danish rival Novo Nordisk. Metsera accepted a sweetened offer from Pfizer late on Friday, citing U.S. antitrust risks in Novo’s bid that it had previously called superior. Read more: cnb.cx/3WO8LQK | CNBC
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🚨 Breaking GLP-1 Industry News: Pfizer has officially filed an antitrust lawsuit to block Novo Nordisk’s planned acquisition of biotech startup Metsera — a smaller player developing next-generation weight-loss drugs. Pfizer argues the merger would give Novo too much control over the fast-growing GLP-1 market, potentially shutting out smaller competitors. This case could have major implications for the future of obesity drug innovation and pricing worldwide. 💉⚖️ #GLP1 #Pfizer #NovoNordisk #biot
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