Novo Nordisk gatecrashes Pfizer deal with $9bn bid for Metsera
Pfizer had struck deal in September to buy obesity-focused biotech
Pfizer had struck deal in September to buy obesity-focused biotech

Danish company vies with Pfizer for control of US biotech as they seek edge in growing market for weight-loss drugs

FTC fast-tracks antitrust approval of earlier deal in sign Washington could weigh in on takeover battle with Novo Nordisk

Improved pitches from both large pharma groups expected to be revealed later on Tuesday

Novo and Metsera deny Pfizer’s arguments

Biotech says it opted for revised offer from US pharma company after rival Novo bid raised antitrust concerns

Fight for Metsera looks like 1980s corporate raider redux