
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
Vote in favor of Your #1 Climbing boots Now06.06.2024 - 2
5 High Limit Outer Hard Drives For Information Stockpiling05.06.2024 - 3
Top 10 Books That Will Have an impact on Your Viewpoint01.01.1 - 4
More people are addicted to marijuana, but fewer of them are seeking help, experts say25.11.2025 - 5
Trump said affordability is a ‘hoax’ in his Pennsylvania speech. What do the latest numbers show?11.12.2025
Somaliland denies trading recognition with Israel for accepting Gazans
5 Great High-Mileage Electric Vehicles Of 2024
How to watch 'A Charlie Brown Christmas' for free this weekend
Which Exhibition hall Do You Suggest? Vote
Young Muslims in Germany feel left out of Mideast debate, experts say
America's Confided in Cooler in 2024
Pentagon advances Golden Dome missile defense with new Space Force contracts
Katz alleges Army Radio workers misled High Court in bid to halt closure
10 Famous Frozen yogurt Flavors All over The Planet













