Pfizer wins bidding war for Metsera and its weight-loss drugs

Pfizer logo on building

Source: © Emilio Parra Doiztua/Bloomberg/Getty Images

US firm matched Novo Nordisk’s rival bid and had backing of competition regulator

Metsera, the US biotech with a pipeline of next-generation metabolic hormone weight loss drugs, has agreed a sale to Pfizer following a bidding war between the US pharma giant and Novo Nordisk.