
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
New science points to 4 distinct types of autism - 2
How a Snake That Eats Cobras Redefined the Meaning of ‘King’ - 3
Nvidia Share Price Could Be Hit Hard By Iran War - 4
The most effective method to Promoter for Cutthroat Medical attendant Compensations in Your Medical services Office - 5
CDC pauses dozens of types of lab testing during evaluation and in wake of downsizing
I work with companies to confront addiction in the workplace. The hidden crisis is costing corporate America millions.
A rare whale is having an encouraging season for births. Scientists warn it might still go extinct
Vote In favor of Your Favored Kind Of Attire
The most effective method to Pick A Trade-in vehicle Stage
Turkey key underlying issue as Israel, Greece, Cyprus hold summit
Iran begins cloud seeding to induce rain amid historic drought
7 Well known Vacation spots In The US
Find the Specialty of Public Speaking: Drawing in and Convincing Crowds with Certainty
My Excursion to a Better Way of life: Health Experiences













