
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
Grasping the Basics of Business Land Regulation - 2
The Most Famous Virtual Entertainment Powerhouses of the Year - 3
January’s full wolf supermoon and the Quadrantid meteor shower will start off the new year - 4
Commonsense Ways to work on Your Funds with a Restricted Pay - 5
What to know about Jack Dorsey's new Vine revival, DiVine
The Most Astonishing Arising Advances to Watch
Tire Brands for Senior Drivers: Guaranteeing Security and Solace
SUVs Known for Their Looks As opposed to Their Capacity
Figure out How to Pick the Right Dental specialist for Your Dental Inserts
Flu illness count nears 5 million, with New York City among the hardest hit
5 VIPs That Changed Style
Conquering Language Boundaries: Individual Accounts of Multilingualism
Instructions to Keep up with Your Traded Teeth for Life span
Trump announces 'Patriot Games' with 2 competitors from every state and territory: What we know











