Metsera (NASDAQ: MTSR) shares skyrocketed by over 62% to $53.99 following the announcement of a merger agreement with Pfizer (NYSE: PFE). The $4.9 billion deal includes potential additional payments up to $7.3 billion, with Pfizer acquiring all outstanding Metsera shares for $47.50 each in cash. The agreement also features contingent value rights linked to key development milestones. The transaction is anticipated to conclude in Q4 2025, pending regulatory and shareholder approvals.
Metsera Shares Soar 62% on Pfizer Merger Deal
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