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Pfizer Acquires Metsera in $10B Deal to Bolster Obesity Drug Pipeline

Pfizer Acquires Metsera in $10B Deal to Bolster Obesity Drug Pipeline

Author:

Global Cryptocurrency

Published:

2025-11-13 18:05:02

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BTCCSquare news:

Pfizer shares gained ground after securing shareholder approval for its $10 billion acquisition of Metsera, a biotech startup specializing in obesity treatments. The deal positions the pharmaceutical giant to compete in the $70 billion weight-loss drug market as pandemic-related revenue declines.

The acquisition battle saw Pfizer outbid Danish rival Novo Nordisk with an offer of $65.60 per share plus potential performance-based payouts. Metsera's late-stage monthly injection and oral weight-loss therapies fill critical gaps in Pfizer's pipeline after the company abandoned its own GLP-1 development program due to safety concerns.

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