
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
Alleged maple syrup scam in Quebec uncovered by Canadian broadcaster - 2
Hezbollah rockets hit 165 UNIFIL positions in Lebanon while targeting Israel, IDF reveals - 3
A rare whale is having an encouraging season for births. Scientists warn it might still go extinct - 4
Parents search for children missing since a volcanic eruption in Colombia 40 years ago - 5
Netflix's 'Lord of the Flies' show blends 'Adolescence' and 'Yellowjackets'
7 Well known Vacation spots In The US
Figure out What Experience Level Means for Medical caretaker Compensation Dealings
People Are Sharing The One Picture They Can't See Without Laughing, And It's The Comedy Spiral You Need Today
Figure out How to Use the Experience of a Fender bender Legal counselor for Your Potential benefit
Recent studies prove the ancient practice of nasal irrigation is effective at fighting the common cold
Russian drone slams into block of flats in deadly wave of strikes across Kyiv
Figure out How to Keep up with and Clean Your Brilliant Bed for Ideal Execution
2025 Yachting Editors' Choice Awards: Yachts
Clocks to go forward one hour in Europe as summer time starts













