{"id":36445,"date":"2025-09-22T13:30:08","date_gmt":"2025-09-22T13:30:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/36445\/"},"modified":"2025-09-22T13:30:08","modified_gmt":"2025-09-22T13:30:08","slug":"pfizer-makes-4-9bn-bet-on-obesity-drugs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/36445\/","title":{"rendered":"Pfizer makes $4.9bn bet on obesity drugs"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"Pfizer has a large plant in Cork. Photo: Getty\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/dee2ac0e-69b7-40c6-9b85-64cdbb03020b.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Pfizer has a large plant in Cork. Photo: Getty<\/p>\n<p>Karen Leigh and Madison Muller<\/p>\n<p>BloombergToday at 13:56<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Pfizer has agreed to buy the obesity startup Metsera for an enterprise value of about $4.9bn, as it seeks to catch up in a booming market after terminating the development of its own weight-loss pill for safety reasons.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The US drugmaker, which has a significant presence in Ireland, will pay Metsera $47.50 in cash per share, and further payments of up to $22.50 per share if three specific and regulatory milestones are met. The deal represents a 43pc premium to Metsera&#8217;s closing share price on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"Pfizer has a large plant in Cork. Photo: Getty Karen Leigh and Madison Muller BloombergToday at 13:56 Pfizer&hellip;\n","protected":false},"author":2,"featured_media":36446,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60,28202],"class_list":["post-36445","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland","tag-pfizer"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/36445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=36445"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/36445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/36446"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=36445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=36445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=36445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}