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Pfizer (PFE.US) and Novo-Nordisk A/S (NVO.US) are reportedly set to increase their offer for Metsera (MTSR.US).

AASTOCKS ·  Nov 5 00:29

According to a report by the Financial Times on Tuesday, both Pfizer (PFE.US) and Novo-Nordisk A/S (NVO.US) have raised their acquisition offers for U.S.-based biotech company Metsera (MTSR.US).

Last week, Novo-Nordisk A/S made an offer valued at up to $9 billion, surpassing Pfizer’s previous agreement. This prompted Pfizer to file a lawsuit accusing Novo-Nordisk A/S of colluding with Metsera in its bid, engaging in anti-competitive behavior.

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