
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
Deadly heat worldwide prompts $300 million for climate health research at COP30 - 2
The most effective method to Pick the Ideal Shrewd Bed for Your Special Rest Needs - 3
6 Hints to Upgrade Your Charm, In addition to Your Mentality - 4
AI is making spacecraft propulsion more efficient – and could even lead to nuclear-powered rockets - 5
Doggie diversity in size and shape began at least 11,000 years ago
The Best 20 Tunes that Characterized an Age
The most effective method to Consummate the Specialty of Handshaking in Business and Group environments
Step by step instructions to Advance the Eco-friendliness of Your Kona SUV
Fetterman says he's back home after a fall put the Pennsylvania senator in the hospital
Iran war upends aviation strategies
Iran war drives global fertilizer prices up, raising food cost fears
Spain's Easter processions draw more tourists amid Iran war
Turkiye’s Erdogan calls Israel’s Somaliland recognition ‘unacceptable’
Navy-Marine Corps Relief Society provides emergency grants to families displaced by Iran war












