
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
NASA’s Pandora telescope will study stars in detail to learn about the exoplanets orbiting them - 2
Vote in favor of Your #1 Instructive Toy: Learning and Tomfoolery Joined - 3
Israel says soldiers wounded in Gaza fighting amid fragile truce - 4
Thousands of New York City nurses set to strike Monday if deal isn't reached with hospitals - 5
Robert Pattinson claims he's a pathological liar. What 'The Drama' star has said about his 'shtick'
Damaged launch pad: How long before Russia can send astronauts to the ISS again?
Figure out How to Pick the Right Toothbrush for You
The Most Moving TED Talks You Want to Watch
Manageable Living: Eco-Accommodating Decisions for Regular day to day existence
Instructions to Pick the Best Course for Your Next Waterway Voyage: Objections, Views, and Social Encounters
How to track NASA’s Artemis II and Orion’s journey to the moon
NASA Artemis II tracker: Crew less than 60,000 miles from moon ahead of Monday flyby
King Charles shares cancer treatment update, says it's a 'personal blessing'
Consume Fat Quick: 10 Demonstrated Activities for Ideal Outcomes













