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Pfizer 's newest bet on obesity is already showing promise.
The company last week said it would buy weight loss drugmaker Metsera in an up to $7.3 billion deal , including future payments, that is expected to close at the end of the year. Just a week later, Metsera released data from mid-stage trials on its lead obesity drug candidate that will allow the company to start phase three studies on the treatment later this year.
Metsera, founded in 2022, brings a pipeline of both oral and injectable treatments with different targets. The company picked up those drugs through its own licensi