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Pfizer triumphs in $10 billion competition for Metsera against Novo Nordisk

Pfizer triumphs in $10 billion competition for Metsera against Novo Nordisk

Pfizer, the US pharmaceutical giant, has clinched a $10 billion agreement with Metsala, a developer of obesity medications. This marks the end of a competitive bidding struggle with Danish rival Novo Nordisk. Metsala opted for Pfizer’s more cautious offer on Friday, mentioning the risks associated with Novo’s proposal, which it had initially deemed more favorable. […]

Midday stock movements: Oracle, Apple, Metsera, Compass, Kenvue and others

Midday stock movements: Oracle, Apple, Metsera, Compass, Kenvue and others

Market Updates: Key Movers in Midday Trading In midday trading, several companies are capturing attention: Better Homes and Finance Holdings – Mortgage lenders have experienced a notable surge, with hedge fund manager Eric Jackson’s recent social media post propelling them up by 176%. Oracle – Shares of the software giant rose nearly 5% following the […]