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    Home > Headlines > Novo CEO says its bid for Metsera is higher
    Headlines

    Novo CEO says its bid for Metsera is higher

    Published by Global Banking & Finance Review®

    Posted on November 6, 2025

    1 min read

    Last updated: January 21, 2026

    Novo CEO says its bid for Metsera is higher - Headlines news and analysis from Global Banking & Finance Review
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    Tags:innovationinvestmentMergers and Acquisitionsfinancial markets

    Quick Summary

    Novo Nordisk CEO Mike Doustdar announced a higher bid for Metsera than Pfizer's, amid legal disputes over the acquisition terms.

    Novo CEO says its bid for Metsera is higher

    NEW YORK (Reuters) -Novo Nordisk CEO Mike Doustdar said during a White House event on Thursday that the company's bid for obesity biotech Metsera is higher than the one from rival Pfizer Inc., which has sued both Metsera and Novo over the terms of their rival deal. 

    "As of today, our bid is higher, and our message to Pfizer is that if they would like to buy the company, then put your hand in the pocket and bid higher," Doustdar said.

    (Reporting by Bhargav Acharya)

    Key Takeaways

    • •Novo Nordisk's bid for Metsera is higher than Pfizer's.
    • •Pfizer has initiated a lawsuit over the acquisition terms.
    • •Novo CEO challenges Pfizer to increase their bid.
    • •The acquisition involves obesity biotech Metsera.
    • •The announcement was made at a White House event.

    Frequently Asked Questions about Novo CEO says its bid for Metsera is higher

    1What is a merger?

    A merger is a business combination where two companies join to form a single entity, often to increase market share, reduce competition, or achieve synergies.

    2What is an acquisition?

    An acquisition occurs when one company purchases another company, gaining control over its assets and operations, often to expand its market presence or capabilities.

    3What is a bid in finance?

    A bid in finance refers to an offer made by an investor or company to purchase a security or asset at a specified price.

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