Metsera (MTSR) Study Result summary
Event summary combining transcript, slides, and related documents.
Study Result summary
12 Nov, 2025Study design and objectives
Phase 1 trial of MET-233/MET-233i included single and multiple ascending dose cohorts in overweight or obese adults without type 2 diabetes, with 40 participants in each part and a total of 80 participants.
Dosing ranged from 0.15 to 2.4 mg in SAD and 0.15 to 1.2 mg in MAD, with balanced demographics and a mean BMI of approximately 32.
The study used a randomized, placebo-controlled, double-blind design.
Primary objectives were to characterize pharmacokinetics, measure weight loss at one and five weeks, and identify well-tolerated starting doses.
Pharmacokinetics and dosing
MET-233/MET-233i demonstrated a 19-day observed half-life, supporting once-monthly dosing.
Dose-linear pharmacokinetics with low variability and matched exposure profiles with MET-097i support combinability.
Efficacy results
Up to 8.4% placebo-subtracted mean weight loss was observed after five weekly doses in the MAD cohort, with individual responses as high as 10.2%.
Dose-dependent and rapid onset of weight loss was observed, with efficacy at low, scalable peptide doses.
Latest events from Metsera
- Partnership targets global access to GLP-1 drugs through innovation and large-scale manufacturing.MTSR
Collaboration20 Jan 2026 - Shareholders are asked to approve a merger with Pfizer, supported by major investors and the Board.MTSR
Proxy Filing2 Dec 2025 - Vote on merger with Pfizer: $47.50/share cash plus CVR; Board and key holders support approval.MTSR
Proxy Filing2 Dec 2025 - Shareholders must vote on Pfizer's contested acquisition amid litigation and competing bids.MTSR
Proxy Filing2 Dec 2025 - IPO targets $250.8M to fund late-stage obesity drug trials; high risk, high potential market.MTSR
Registration Filing29 Nov 2025 - IPO aims to fund late-stage obesity drug trials; lead asset shows promise but high risk remains.MTSR
Registration Filing29 Nov 2025 - Monthly and oral peptide assets advance rapidly, with major data readouts expected this year.MTSR
BofA Securities 2025 Healthcare Conference17 Nov 2025 - Definitive merger with Pfizer at $65.60/share plus CVRs; Q3 net loss $116.2M, cash $448.5M.MTSR
Q3 202512 Nov 2025 - Amended merger with Pfizer offers up to $86.25 per share; board unanimously recommends approval.MTSR
Proxy Filing10 Nov 2025