
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
Most loved Occasion Dish: What Makes Your Merry Table? - 2
6 Novice Cameras for 2024: Ideal for New Picture takers - 3
Liste des pr\u00eats qui ne n\u00e9cessitent pas de remboursement - 4
High velocity Internet services for Metropolitan Regions - 5
'Stranger Things' Season 5: What's going on with Will Byers? That shocking Volume 1 plot twist, explained.
Instructions to Back Your Sunlight powered chargers: Tracking down Possible Choices
Toddler given just 3 years to live after strange symptoms makes full recovery
Beyond oil: The crucial exports blocked by Hormuz closure
Activists Took BMW and Mercedes to Court Over Gas Cars. It Didn’t Stick
The Minimized Passage Horse: Reconsidering a Symbol for the Cutting edge Period
Overseeing Individual budgets Successfully
1st results from Blue Ghost lunar lander reveal how much we still don't know about the moon
What causes RFK Jr.’s strained and shaky voice? A neurologist explains this little-known disorder
What to know about the hepatitis B shot — and why Trump officials are targeting it












