
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
Instructions to Pick the Right Toothpaste for Your Dental Requirements - 2
Figure out How to Ascertain the Restitution Time frame for Your Sunlight based chargers - 3
Find the Captivating Professional flowerbeds of the US - 4
Los Angeles County sees significant uptick in norovirus cases, officials say - 5
Manual for Tracking down the Nearby Business sectors and Marketplaces
Vote in favor of the subject that you see as generally captivating and intelligent!
EU waters down plans to end new petrol and diesel car sales by 2035
James Webb Space Telescope spies mysterious high-energy radiation in star nursery
SpaceX rocket launches 140 satellites into orbit on Transporter-15, aces landing at sea (video)
Step by step instructions to Protect Your Senior Condo for Ideal Wellbeing and Solace
Grass Care Administrations for a Wonderful, Sound Yard
From White Elephant to Favorite Things parties, here are all the rules you need to know every kind of gift exchange
She was the ultimate '90s fitness influencer. Now she's delivering Uber Eats — and rebuilding her life.
Mother and Stepson Rescued After Being Swept Over 6 Miles in Paddleboarding Mishap











