
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
UAE used military bases in Red Sea region to aid Israel's war against Hamas, leaks reveal - 2
Flights canceled at 40 U.S. airports: Follow live updates as FAA cuts to air traffic take effect amid government shutdown - 3
The Developing Nearby Food Development and Its Advantages - 4
What we know about Renee Nicole Good, the woman who was killed by an ICE officer in Minneapolis - 5
Factbox-Artemis II crew includes first woman, Black astronaut and Canadian ever flown to moon
This Unique National Park In Canada Is Famous For Its Otherworldly Limestone Monoliths
American tourists left stranded in the Caribbean following flight cancellations after airspace closed for Maduro operation
DEA seizes 1.7 million counterfeit fentanyl pills in Colorado storage unit
Iran war drives global fertilizer prices up, raising food cost fears
Australians told to continue Easter travel plans despite fuel shortages
Instructions to Upgrade the Proficiency of Your Sunlight powered chargers
Reporter's notebook: Inside the IDF’s ‘Hamas Village,’ and how Israel is rewriting urban warfare
Don't miss these five impressive spots in Bangkok
EPA watchdog finds nation’s most contaminated sites are vulnerable to flooding, wildfires













