Pfizer beats out Novo in bidding war for obesity-drug startup Metsera

November 7, 2025

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Pfizer has won the bidding war against Novo Nordisk to acquire obesity-drug biotech Metsera.

The pharma giant upped its offer, valuing the startup at up to around $10 billion, Metsera said Friday.

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STAT Pharma: The science and business of new drug development

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