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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Novo Nordisk bids $9bn for obesity drug maker Metsera in challenge to Pfizer

Novo Nordisk Pfizer Metsera United States Obesity Eli Lilly
Closeup of two boxes of Wegovy and Ozempic
Novo Nordisk, which owns Ozempic and Wegovy, was accused by Pfizer of making a ‘reckless’ offer. Photograph: Hollie Adams/Reuters

Novo Nordisk has launched a surprise $9bn (£6.9bn) offer for the US obesity-focused biotech firm Metsera that could gazump an existing bid from Pfizer as the pharmaceutical giants fight for dominance in the weight-loss market.

The bid comes weeks after Metsera agreed to a $7.3bn takeover from the US group Pfizer. Denmark’s Novo Nordisk, which owns the weight-loss drugs Ozempic and Wegovy, lost out in a competitive auction processin September.

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