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Metsera falls after FTC raises filing concerns over Novo bid

In a letter to the lawyers of Pfizer (PFE) and Novo Nordisk (NVO), Federal Trade Commission director Daniel Guarnera said Novo Nordisk’s latest takeover offer for Metsera (MTSR) would violate the Hart-Scott-Rodino Premerger Notification Act if it’s consummated “without first filing for premerger review, Madison Muller and Josh Sisco of Bloomberg report. Shares of Metsera, which has received offers from both Novo and Pfizer, are down 5% to $69.85 in afternoon trading.

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