Pfizer Secures Metsera Acquisition for $10B Amid Heated Bidding War with Novo Nordisk

Tuesday, Nov 11, 2025 5:52 pm ET1min read
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Pfizer has acquired Metsera for $10 billion, ending a bidding war with Novo Nordisk. The deal includes a cash payment of $65.60 per share and a contingent value right of up to $20.65 per share. The final offer represents a 160% premium to Metsera's closing price before Pfizer's first offer. The acquisition is expected to close shortly after Metsera's shareholders' meeting on Nov. 13.

Pfizer Secures Metsera Acquisition for $10B Amid Heated Bidding War with Novo Nordisk

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