
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
Passenger Missing After Going Overboard Disney Cruise Ship - 2
Iran’s Crown Prince Reza Pahlavi backs protests: Join your fellow citizens in the streets - 3
Posts falsely claim Netanyahu video fabricated to cover up his death - 4
High Court freezes government move to shutter Army Radio pending ruling - 5
This ‘CSI: Miami’ star spent years solving crimes on TV. Then she became the target of one herself.
The Best 20 Tunes that Characterized an Age
Black Friday Paramount+ deal: Save 50% and stream these buzzy Taylor Sheridan shows
The Best Cell phone Brands for Tech Aficionados
Katz alleges Army Radio workers misled High Court in bid to halt closure
'No Kings' protests live updates: More than 8 million turned out across all 50 states, organizers say
Flu illness count nears 5 million, with New York City among the hardest hit
Vote in favor of your Number one Kind of Gems
CDC studies show value of nationwide wastewater disease surveillance, as potential funding cut looms
Netanyahu leads meeting on West Bank riots, Katz defends axing administrative detention for Jews













