
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
Gulf countries continue to face Iran attacks as criticial energy infrastructure at risk - 2
Choosing the Ideal Bed for Quality Rest and Solace - 3
Share your pick for the tree that you love for its novel magnificence! - 4
Pick Your Number one sort of blossom - 5
A definitive Burger Confrontation: Which One Rules?
Horses really can smell our fear, new study finds
'The Drama' plot twist, explained: What did Zendaya's character do, and what happens to her wedding?
Islamic State group militants claim capture and execution of a Nigerian brigadier general
The Most recent Microsoft Surface Star PC: Ideal for Top of the line Planning and Gaming Needs
Trump administration launches new immigration crackdowns in New Orleans and Minneapolis. Here are all the cities it has targeted so far.
Europe's powerful Ariane 6 rocket launches Sentinel-1D Earth-observation satellite to orbit (video)
How federal officials talk about health is shifting in troubling ways – and that change makes me worried for my autistic child
Israeli strikes in Gaza kill 25 people, Hamas health authority says
Remarkable Spots for Hot Air Swelling All over The Planet












