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Pfizer acquires Metsera in $10 billion deal after competitive bidding with Novo Nordisk
MINT·2025-11-08 14:02

Pfizer Inc. has agreed to acquire the weight-loss drug startup Metsera Inc. in a 10billiondeal,followingafiercebiddingwarwithrivalNovoNordiskA/S.MetseraannouncedlateonFridaythatPfizerwillpayupto10 billion deal, following a fierce bidding war with rival Novo Nordisk A/S.Metsera announced late on Friday that Pfizer will pay up to 86.25 a share, including 65.60ashareincashinitially,pluspotentialadditionalpaymentsofupto65.60 a share in cash initially, plus potential additional payments of up to 20.65 a share for hitting certain milestones.While the deal hasn’t been closed officially, the announcement puts Pfizer in the position to win the bidding competition for the startup with N ...