Pfizer hits Novo Nordisk and Metsera
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Pfizer and Novo Nordisk are in a heated legal and bidding war over Metsera, an obesity drug developer. Novo's $10 billion bid challenges Pfizer's prior deal with Metsera. Pfizer has sued to stop the process,
Novo Nordisk ups its bid to acquire Metsera, intensifying the obesity drug market race and challenging Pfizer.
Pfizer has requested a temporary restraining order to keep Metsera from breaking its contract with Pfizer to take a deal with Novo Nordisk.