
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
Why the weirdest sea level changes on Earth are happening off the coast of Japan - 2
People can't get enough of this couple's Hallmark movie reviews. They don't know the painful backstory. - 3
The Solution to Individual budget: Dominating Cash The board - 4
Experience Arranging: Planning for Epic Excursions - 5
James Webb Space Telescope watches our Milky Way galaxy's monster black hole fire out a flare
Radiate brilliantly: The 5 Precious stone Rings to Purchase in 2024
'Heated Rivalry' is just the tip of the iceberg. How hockey became the sexiest sport
Don't miss Jupiter shining close to the waning gibbous moon on Dec. 7
Grasping the Qualifications Among Separation and Dissolution
Figure out How to Store Your Gold Ventures: A Thorough Aide safely
The most effective method to Boost Benefits in Gold Speculation: Master Techniques and Tips
Is relief in sight? Flu season still brutal but cases are declining.
3 Must-Change Settings for iPhone Clients: Safeguard Yourself !
Improving as a Pioneer: Examples from My Vocation













