
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
German men need approval for stays abroad under military service law - 2
Manual for Financial plan Agreeable PC - 3
Top 15 Web-based Entertainment Stages for Individual Marking - 4
Figure out How to Acquire Rewarding Open Record Rewards - 5
Japan prepares to restart world's biggest nuclear plant, 15 years after Fukushima
Vehicle Lovers' Decision: Purchase A Reasonable Vehicle
Purdue Pharma's deal means money for some victims, end of Purdue company name. Here's what to know
Find the Abilities Required for Advanced Advertising Position
Sydney Sweeney is returning in 'The Housemaid's Secret': What to know about 'The Housemaid' sequel
Vote in favor of the Top Vegetable for Senior
Does physics say that free will doesn't exist?
Al-Sharaa denies he called for 80% of Syrians to return from Germany
Grasping the Basics of Business Land Regulation
Pick Your #1 breakfast food













