Pfizer wins bidding war for obesity drug startup

semafor.com/article/11/09/2025/pfizer-wins-bidding-war-for-drug-startup

US pharma giant Pfizer won a bidding war to acquire obesity drug developer Metsera, beating back an offer from Danish rival Novo Nordisk.
The $10 billion deal — a valuation much higher than Pfizer had originally offered — followed a corporate tiff in which Novo Nordisk tried to hijack…

This story appeared on semafor.com, 2025-11-09 22:35:52.
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