Pfizer wins $10bn bidding war for weight-loss start-up Metsera
Biotech says it opted for revised offer from US pharma company after rival Novo bid raised antitrust concerns
Biotech says it opted for revised offer from US pharma company after rival Novo bid raised antitrust concerns

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

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

Pharma giant had to pay a blockbuster price to buy Metsera after the biotech prospect spurred an auction with Novo Nordisk

Deal would be the biggest by a large pharma company buying a foothold in the lucrative weight-loss drug market

Pfizer had struck deal in September to buy obesity-focused biotech

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