Anabelle Colaco
25 Sep 2025, 09:41 GMT+10
NEW YORK CITY, New York: Pfizer is close to striking a US$7.3 billion deal to acquire anti-obesity drugmaker Metsera, according to a Financial Times report on September 21 citing unnamed sources.
The U.S. pharmaceutical giant would pay $47.50 in cash per Metsera share, with an additional $22.50 tied to performance milestones, the report said. An announcement could come as early as this week.
The report could not be immediately confirmed. Neither Pfizer nor Metsera responded to requests for comment outside regular business hours.
Get a daily dose of Peking Press news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Peking Press.
More InformationNEW YORK CITY, New York: Pfizer is close to striking a US$7.3 billion deal to acquire anti-obesity drugmaker Metsera, according to...
NEW YORK, New York - U.S. stock markets ended lower on Wednesday, as investors took a cautious stance ahead of key economic reports...
BOSTON, Massachusetts: Luxury fashion houses are racing to win over Gen Z shoppers, a generation whose tastes could redefine the industry...
WASHINGTON, D.C.: President Donald Trump said media mogul Rupert Murdoch, his son Lachlan Murdoch, and Dell Technologies founder Michael...
BENGALURU, India: India's US$283 billion information technology industry faces a dramatic reset after U.S. President Donald Trump's...
NEW YORK, New York - U.S. stocks retreated from record levels on Monday following remarks by Federal Reserve Chair Jerome Powell that...
WASHINGTON, D.C.: President Donald Trump said media mogul Rupert Murdoch, his son Lachlan Murdoch, and Dell Technologies founder Michael...
LONDON, U.K.: The United States is seeking to regain control of Bagram air base in Afghanistan, President Donald Trump said this week...
WASHINGTON, D.C.: President Donald Trump and Chinese President Xi Jinping are preparing to discuss a possible deal to keep TikTok running...
Recent events in China have had an extraordinary and revealing effect on Australian domestic politics and invite comparisons with the...
WASHINGTON, D.C.: China's decision to designate a new nature reserve in the South China Sea has added a fresh layer to its long-running...
New York [US], September 25 (ANI): The recent strengthening of US-Pakistan ties has emerged as a significant 'tension point' in India-US...
