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DewDiligence

11/01/25 4:29 PM

#256301 RE: DewDiligence #256298

MTSA’s terse reply:

https://www.prnewswire.com/news-releases/metsera-issues-statement-in-response-to-litigation-302601500.html

Metsera…today issued the following statement in response to litigation filed against the Company by Pfizer: "Metsera disagrees with the allegations in Pfizer's complaint and will address them in the Delaware Court of Chancery."

That’s the entire PR, issued yesterday.
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WorstLuck

11/01/25 5:47 PM

#256303 RE: DewDiligence #256298

In any event, a temporary injunction from the Chancery Court greatly increases PFE’s leverage.



While it did cross my mind that the PFE lawyers could believe they have something to go on, best guess is it's just something to buy time for a few extra days. One would think they might have anticipated this possible action from Party 1.
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DewDiligence

11/02/25 2:35 PM

#256312 RE: DewDiligence #256298

...the one-week-early FTC clearance for the PFE-MTSR merger (#msg-176890987) was not happenstance!

The politics underpinning this deal are in plain sight. E.g., this FoxBusiness article is unabashedly pro-PFE:

https://www.foxbusiness.com/fox-news-opinion/mike-davis-foreign-weight-loss-drugmaker-seeks-fat-profits-gobbling-up-american-upstart

Novo’s shady strategy is to make an early payment for Metsera shares. That would effectively give Novo economic control of Metsera and undue influence on the company before the transaction even undergoes regulatory review. While a Danish company buying an American one doesn’t necessarily represent an obvious threat to national security, permitting Novo to acquire a promising U.S.-based biotech company could lead to American job losses and profits getting sent abroad.

DJT Jr retweeted the FoxBusiness article: https://x.com/mroliverbarnes/status/1984997841312354626/photo/1 .
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DewDiligence

11/03/25 12:00 PM

#256322 RE: DewDiligence #256298

PFE files second lawsuit against MTSR/NVO in US District Court alleging violations of the Clayton Act and Sherman Act:

https://www.businesswire.com/news/home/20251102755714/en/Pfizer-Files-Federal-Antitrust-Claims-in-Second-Lawsuit-Against-Metsera-its-Controlling-Stockholders-and-Novo-Nordisk

This second lawsuit, which (unlike the Chancery Court suit) does not seek a temporary restraining order against NVO-MTSR, is unlikely to be of much consequence, IMO.
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DewDiligence

11/04/25 9:59 AM

#256338 RE: DewDiligence #256298

NVO and PFE each raised their offer for MTSR, but some details remain undisclosed:

https://www.cnbc.com/2025/11/04/novo-nordisk-pfizer-metsera-acquisition.html

MTSR is +14% as I'm typing.