Pfizer Sues To Block Novo Bid For Obesity Drugmaker Metsera

Pfizer said on Friday it had filed a lawsuit against Metsera and Novo Nordisk saying Metsera breached its merger agreement obligations in declaring the Danish drugmaker's 8.5 billion bid for the ...

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Moreover, pfizer is suing over some unsolicited competition in its nearly 5 billion bid to buy the drugmaker Metsera. New York-based Pfizer said Friday after markets closed that it was suing Metsera and a third drugmaker, Denmarks Novo Nordisk, over a bid for Metsera that Novo announced Thursday. This aspect of Pfizer Sues To Block Novo Bid For Obesity Drugmaker Metsera plays a vital role in practical applications.

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