Pfizer Sues Rivals Metsera, Novo Nordisk Over Alleged Interference in Merger Talks

Pfizer Inc. has filed a lawsuit against Metsera Inc. and Danish drugmaker Novo Nordisk A/S, aiming to block Novo's bid for the obesity treatment startup.The legal move comes as a fast-developing battle over Metsera, which is developing potential oral and injectable treatments for obesity and diabetes.According to Bloomberg, Pfizer told the Delaware Court of Chancery on Friday that Novo's offer cannot qualify as a "Superior Company Proposal" under the merger agreement, partly because it faces significant reg ...