
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
The Force of Systems administration: Individual Examples of overcoming adversity - 2
Hamas demanded displaced Gazans pay rent on beach tents amid torrential downpour, IDF reveals - 3
Presenting Nintendo's New Pastel Satisfaction Con Tones for Switch Gamers: 3 Upscale Choices - 4
CVS forecasts 2026 profit above estimates on strong performance - 5
Hand Skin Is Additionally Significant - What You Ought to Realize About Hand Cream
The moon and sun figure big in the new year's lineup of cosmic wonders
4 Energy-Proficient Clothes washers to Consider in 2024
35 million tons of food go to waste yearly in the US. Experts share tips to help stop it
Beating Wellbeing Difficulties: Individual Victories in Health
This Luxurious Thermal Spa In Italy Is Perfect For A Relaxing Escape While Visiting Milan
Disability rights activist and author Alice Wong dies at 51
The Most Vital Crossroads in Olympic History
The most effective method to Beat Dental Tension and Guarantee Customary Exams
ChatGPT served as "suicide coach" in man's death, lawsuit alleges













