
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
My daughter is in the #1 movie in the country. She still has to finish her math homework. - 2
Eleven arrested over mass shooting in South Africa tavern - 3
Figure out How to Augment Eco-friendliness in Your Volvo XC40 - 4
Argentina reportedly delaying embassy move over Israeli company's oil project near Falklands - 5
Getting through a Lifelong Change: Individual Examples of overcoming adversity
Vote in favor of your Number one natural product
Exhaustive Experiences into Prudent Senior Living in the UK
Newly identified species of Tanzanian tree toad leapfrog the tadpole stage and give birth to toadlets
Instructions to Upgrade the Proficiency of Your Sunlight powered chargers
Flying without a Real ID? That'll soon cost you $45, TSA says.
The Way to Fruitful Weight reduction: Individual Wellbeing Excursions
UNICEF: More than 100 children killed in Gaza since ceasefire
First Alert: Light snow through this evening
4 injured in suburban Philadelphia nursing home explosion file negligence lawsuit













