
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
Remains of banker missing since 1999 found on California beach by family looking for seashells - 2
Italy's Beloved Trevi Fountain Hides A Unique Secret That Can Be Explored Underground - 3
SF Chinatown's historic Empress of China building being revived into cultural campus - 4
4 astronauts are en route home from ISS after medical issue forces early exit - 5
A Manual for the Right SUV for Seniors
Israel's haredi draft crisis: Court ruling and political stalemate reach breaking point
The Way to Monetary Health: Individual budget Change
Must-Sit in front of the Programs from Europe and the US
Most loved Public Dish: Which One Addresses Its Nation Best?
Comet MAPS faces a make-or-break moment as it dives toward the sun on April 4 — could it shine in the daytime sky?
'Always put others first': IDF reservist who died while on leave saves four with organ transplants
Vote in favor of the Web-based Work out schedule to Keep You Fit and Sound
Scientist turns people’s mental images into text using ‘mind-captioning’ technology
Key Little Things That Advantage Old People













