
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
The Most Astonishing Arising Advancements to Watch - 2
Santa's sleigh or the International Space Station? How to spot a bright Christmas flyby Dec. 24 and 25 - 3
Why is everyone talking about Paul Dano? George Clooney becomes the actor's latest defender in this 'time of cruelty.' - 4
Blue Origin’s New Glenn rocket landed its booster on a barge at sea – an achievement that will broaden the commercial spaceflight market - 5
'Sex and the City' star Kim Cattrall marries longtime partner Russell Thomas in intimate London wedding
Exploring the Gig Economy: Illustrations from Consultants
I spent the last year transforming my life. Becoming a Rockette for a day made me confront a fear I couldn't shake.
Find the Mysteries of Effective Objective Setting: Transforming Dreams into Feasible Targets
Tributes pour in for James Ransone, 'The Wire' actor who died at 46
James Webb Space Telescope discovers a lemon-shaped exoplanet unlike anything seen before: 'What the heck is this?'
Instructions to Explore the Universe of Vehicle Leases
Displaced Palestinian families suffer as heavy rains flood Gaza tent camps
Investigate Business Mastercard Choices for Better Rewards and Rewards
JFK's granddaughter Tatiana Schlossberg reveals terminal cancer diagnosis











