
By Mariam Sunny and Michael Erman
(Reuters) -Merck said on Monday it expects a commercial opportunity exceeding $5 billion from Cidara Therapeutics' experimental flu drug, and does not anticipate it to require a review by the U.S. CDC's vaccine advisory panel before launch.
The U.S. drugmaker announced a nearly $9.2 billion deal last week to acquire Cidara, aiming to gain access to its long-acting antiviral, CD388, currently in late-stage trial.
CD388 is not a vaccine and is designed to be effective regardless of a person's immune status and could offer single-dose, universal protection against all flu strains.
Vaccine policy in the United States has been undergoing a shift under Health Secretary Robert F. Kennedy Jr., a longtime vaccine skeptic, who has revamped the Centers for Disease Control and Prevention's panel of outside advisers and prompted the ouster of its director.
"I would not say that our view of what is happening around vaccinations has in any way affected either our view of vaccinations or what drove us to this (drug)," Merck CEO Robert Davis said during a call with analysts.
Merck expects about 110 million Americans to be eligible to receive CD388, including 85 million considered at high risk for influenza. It plans to manufacture the drug long-term at one of its U.S. facilities.
The company said it expects Cidara's acquisition to reduce earnings by about 30 cents per share over the first 12 months from the deal's closing, reflecting investments to advance CD388 and the assumed cost of financing.
The deal is expected to close in the first quarter of 2026.
(Reporting by Mariam Sunny in Bengaluru and Michael Erman in New Jersey; Editing by Shilpi Majumdar)
latest_posts
- 1
West Bank man indicted for extortion, impersonation of IAF pilot, Mossad agent, illegal entry - 2
Esteem Stuffed Gaming Workstations to Consider - 3
What's going on with Katseye? The Manon Bannerman hiatus drama, explained. - 4
Investigating the Advantages of a Bank account: A Complete Aide - 5
One perk to marrying Richard Marx later in life? 'We don't have time' for stupid arguments, says Daisy Fuentes.
Bestselling author Colleen Hoover reveals cancer journey
From Representative to Business visionary: Private issue Victories
January’s full wolf supermoon and the Quadrantid meteor shower will start off the new year
Motivational Travel Objections for History Buffs
Which restaurants and fast food chains will be open on Christmas Eve and Christmas Day?
Picking Childcare Administrations for Your Loved ones
Figure out How to Pick the Right Toothbrush for You
Von der Leyen: Paris meeting sends signal of unity for Ukraine
Tear gas and arrests: Iranian regime continues crackdown on protesters amid economic unrest












