
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
Blue Origin's next space tourism flight will break new ground for people with disabilities - 2
Most normal matter in the universe isn't found in planets, stars or galaxies – an astronomer explains where it's distributed - 3
Twins were the norm for our ancient primate ancestors − one baby at a time had evolutionary advantages - 4
Share your pick for the riding area that characterizes your surf undertakings! - 5
Here's how 'Bridgerton' fans can watch the first episode of Season 4 before its Netflix release later this month
How much would you pay to meet a Real Housewife? At BravoCon, the limit does not exist.
James Webb Space Telescope watches 'Jekyll and Hyde' galaxy shapeshift into a cosmic monster
UK can legally stop shadow fleet tankers, ministers believe
New India programme supports tribal families hosting tourists
Tremendous Spelunking: Cool Caverns All over the Planet
Americans generally like wolves − except when we’re reminded of our politics
Eurovision Song Contest changes voting rules after controversial allegations against Israel
Ancient fire discovery marks significant milestone in human history
The Solution to Flexibility: Developing Internal Fortitude Notwithstanding Misfortune












