
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
The Magnificence of Extraordinariness: Presenting Valuable Adornments and Gemstones - 2
Step by step instructions to Open a Lovely Waterway Voyage Insight: Conveniences, Administrations, and Elite Offers - 3
The 15 Most Rousing TED Chats on Self-awareness - 4
The most effective method to Shake Hands Expertly: A Bit by bit Guide - 5
Vote In favor of Your Favored Language Interpretation Administration
Monetary Wellness: Planning Tips for Independence from the rat race
The Leonid meteor shower is peaking early this week. Here’s what to know
AI is providing emotional support for employees – but is it a valuable tool or privacy threat?
How did this 20-light-year-wide 'Diamond Ring' form in space? Maybe a cosmic bubble burst
The Appearance of Experience: Embracing the Reduced Portage Horse
Manual for Individual budget Rudiments for Amateurs
David Duchovny's new thriller has him stripping down at 65. But its chilling premise hits close to home.
2 new malaria treatments announced as drug resistance grows
'We were genuinely astonished': This moss survived 9 months outside the International Space Station and could still grow on Earth













