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flag Pfizer nears $7.3B deal to buy Metsera, a weight-loss drug developer, to enter booming obesity market.

flag Pfizer is reportedly close to acquiring Metsera, a New York-based weight-loss drug developer, in a $7.3 billion deal, according to the Financial Times, citing unnamed sources. flag The acquisition, valued at $47.50 per share in cash plus potential performance-based payments, represents a 42.5% premium over Metsera’s recent stock price. flag The move comes after Pfizer abandoned its own obesity drug, danuglipron, due to safety and tolerability issues. flag Metsera’s lead candidate, MET-097i, showed an average 11.3% weight loss in mid-stage trials. flag The deal, if finalized, would mark Pfizer’s entry into the rapidly growing obesity treatment market, projected to reach $150 billion by the early 2030s. flag Neither company has confirmed the reports, and the transaction remains subject to change.

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