Pfizer Acquires Metsera to Bolster Obesity Drug Market Entry
Pfizer plans to acquire drug developer Metsera for up to $7.3 billion to enhance its presence in the obesity treatment market. Metsera's key drugs, MET-097i and MET-233i, offer innovative solutions with potential best-in-class profiles. Analysts predict significant sales, spurred by Metsera's promising dosing schedule advantages.
Pfizer announced its acquisition of drug developer Metsera, in a deal valued at up to $7.3 billion, as the company aims to secure a significant position in the burgeoning obesity treatment market.
The acquisition brings Metsera's promising obesity drug portfolio, including experimental treatments MET-097i and MET-233i, into Pfizer's fold. Analysts are optimistic about these products, anticipating over $5 billion in potential peak sales.
The deal, expected to close by Q4 2025, follows Pfizer's earlier setbacks in obesity drug development, marking a strategic pivot towards leveraging Metsera's innovative dosing schedules to gain market advantage.
(With inputs from agencies.)
Advertisement
ALSO READ
Revolutionizing Healthcare: The Rise of Non-Surgical Treatments in India
India Accelerator's Pioneering MySOHO Acquisition: A New Era for Co-Working Spaces
Embracing Ancient Wisdom: Ayurveda at the Forefront of Global Healthcare
FAW's Strategic Move into Driving Assistance: A Bold Acquisition
Pfizer Eyes $7.3 Billion Acquisition of Metsera
Google News