Pfizer said it would pay $86.25 per share in cash, a premium of 3.69% to Metsera's Friday close.

In this week’s edition of InnovationRx, we look at the battle for Metsera, the departure of FDA’s top drug regulator, Kimberly-Clark’s $40 billion Kenvue deal, and more.

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