Pfizer Sues Metsera and Novo Nordisk Over Alleged Merger Agreement Breach

WATCH: 25% Will Go Bankrupt

Pfizer has sued Metsera and Novo Nordisk for allegedly breaching their merger agreement. Metsera is a US-based biopharmaceutical company developing medicines for obesity and metabolic diseases. Pfizer accuses the companies of failing to complete the merger within the agreed timeline and violating the agreement's confidentiality and non-disclosure provisions. The lawsuit seeks damages and a court order to enforce the terms of the merger agreement.