
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
SpaceX launches Starlink satellites on its 150th Falcon 9 mission of the year - 2
The most effective method to Settle on Informed Conclusions about Senior Insuranc. - 3
'Fertiliser costs mean I'm better off not planting' - 4
Chicago reports first rabies-positive dog in 61 years. What we know. - 5
Audits of Espresso Types: Which Mix Is for You?
Understanding Successful Compromise Standards to Cultivate Agreeable Connections
Turning into a Distributed Writer: My Composing Process
4 Famous Gaming PCs of 2024: Execution, Versatility, and Advancement
How did humans evolve, and will we evolve more?
The most effective method to Guarantee Simple Availability in Seniors' SUVs
Why is Jerome Powell being investigated? Making sense of the DOJ's probe into the Federal Reserve chair.
Volkswagen Just Built a Plug-In Tiguan for China That America Doesn’t Get
Figure out how to Perceive Warnings while Looking for an Auto Collision Lawyer
'Stranger Things' Season 5: What's going on with Will Byers? That shocking Volume 1 plot twist, explained.













