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The announcement of the deal signaled an end to the bidding war for metsera between pfizer and novo nordisk, the danish maker of ozempic and wegovy. Nvo) formally stepping away from its competing bid, citing regulatory challenges and.

Under the terms of the agreement, pfizer will acquire all outstanding shares of metsera common stock for $47.50 per share in cash at closing, representing an enterprise value of approximately $4.9 billion. The agreement follows novo nordisk a/s (nyse Pfizer has signed a deal to purchase metsera inc., an obesity drugmaker in the development stage, after winning a bidding war against novo nordisk.

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Why did pfizer win the metsera deal and what led novo nordisk to retreat after escalating its bid
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