
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
Instructions to Pick the Ideal Pre-assembled Home for Your Necessities - 2
Hamas Navy head, engineer of Khan Yunis tunnel network killed in Gaza, IDF confirms - 3
Last Christmas, 3 million viewers watched a Chiefs love story — will Bills fans fall just as hard this year? - 4
Manual for Picking the Ideal Wine Matching - 5
Ukraine to get up to 100 French-made Rafale fighter jets
How to watch the ‘Wicked: One Wonderful Night’ special — now streaming
The Way to Monetary Freedom: A Viable Aide
7 Odd Apparatuses to Make Your Party Stick Out!
Most loved Specially prepared Espresso Mix: Which Meal Do You Adore the Most?
Manual for Vegetarian Protein Powder
Step by step instructions to Keep up with the Life span of Your Kona SUV's Battery Duration
Vietnam rethinks its flood strategy as climate change drives storms and devastation
Netanyahu leads meeting on West Bank riots, Katz defends axing administrative detention for Jews
6 Top of the line Lodgings All over The Planet, Which One Do You Concur With













