
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
Prehistoric wolf’s gut frozen in time reveals an ice age giant - 2
Tragedy in Minnesota, vaccine news, Snoop's game call: Week in review - 3
'The Real Housewives of Rhode Island' 1st teaser trailer unveiled: Which Bachelor Nation star is part of the cast? And when does it premiere? - 4
Here's how 'Bridgerton' fans can watch the first episode of Season 4 before its Netflix release later this month - 5
The Appearance of Experience: Embracing the Reduced Portage Horse
Flu season is underway. What are common symptoms to watch for?
Dirty soda started as a Mormon alternative to booze. Now it's everywhere.
5 Breakout Stars in Ongoing television Series
A company is trying to unlock a key to aging, in a long-overlooked body part
Sentimental tree to shine at Arctic League annual broadcast
Physicists and philosophers have long struggled to understand the nature of time: Here's why
Instructions to Safeguard Your Speculations In the midst of Changing Disc Rates
The most effective method to Boost Benefits in Gold Speculation: Master Techniques and Tips
Most loved Public Dish: Which One Addresses Its Nation Best?











