
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
Make your choice for the bird that catches your heart! - 2
Travel Through France's Most Iconic Wine Regions By Train On An Immersive Seven-Day Journey - 3
You finally got a doctor's appointment. Here's how to get the most out of it - 4
Israel strikes Iranian nuclear development facilities, Tehran vows retaliation - 5
Instructions to Clean and Really focus on Your Lab Precious stone
Germany and trade unions kick off tough public-sector wage talks
Find the Specialty of Public Speaking: Drawing in and Convincing Crowds with Certainty
Five EU states press for windfall taxes on fossil energy sector
Trying to improve your health and wellness in 2026? Keep it simple
Woman leaves bachelorette trip after trusting her gut about sketchy men partying it up with friends
Artemis 2 astronauts are now headed to the moon. Why has it taken humanity so long to go back?
10 Moving Design Frill for Summer 2023
Crypto Investor’s Family Tied Up and Beaten by Armed Gangs in Their Home
Oprah Winfrey's Favorite Wellness Destination Is A Luxurious Italian Retreat













