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Pfizer triumphs over Novo Nordisk with $10B bid for Metsera

Pfizer has won the bidding war for the obesity drug developer Metsera. The biotech accepted an increased bid from the New York pharma worth a total of $10 billion.

This report was first published by Endpoints News. To see the original version, click here

Pfizer has won the bidding war for the obesity drug developer Metsera. The biotech accepted an increased bid from the New York pharma worth a total of $10 billion.

Late Friday night, Metsera said it had opted for Pfizer over the Danish drugmaker Novo Nordisk, which launched an unsolicited bid on Oct. 30. Pfizer and Metsera had initially agreed on a takeover deal worth a total of $7.3 billion on Sept. 22.

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