Pfizer (PFE) has matched Novo Nordisk’s (NVO) offer to buy weight-loss drug start-up Metsera (MTSR) for up to $10B, Financial Times’ Oliver Barnes, James Fontanella-Khan, and Patrick Temple-West report. Pfizer submitted its sweetened bid, which matches Novo’s offer from Tuesday valuing Metsera at $86.20 a share, ahead of a deadline on Wednesday, keeping it in the race for the anti-obesity biotech, according to two people familiar with the matter.
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