
Group 1: Acquisition Details - Pfizer Inc. is nearing a $7.3 billion acquisition of Metsera Inc., a biotech firm focused on obesity treatments, with a cash offer of $47.50 per share and an additional $22.50 per share based on performance milestones [1] - The acquisition is part of Pfizer's strategy to re-enter the obesity drug market after previously discontinuing its own candidate due to safety concerns [3] Group 2: Metsera's Product and Market Position - Metsera, founded in 2022, is developing injectable and oral hormone analog peptides for obesity treatment, with its lead candidate, MET-097i, showing an average weight loss of 11.3% in mid-stage trials [2] - The drug's once-monthly dosing schedule may provide a competitive advantage over existing weekly GLP-1 injections [2] Group 3: Market Context and Future Outlook - The global demand for weight-loss therapies is projected to reach $150 billion by the early 2030s, positioning Pfizer to compete with major players like Eli Lilly and Novo Nordisk [3] - The deal highlights the increasing reliance of big pharma on biotech innovation to stay competitive in high-growth therapeutic areas [4]