
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 Response Uncovered: Disentangling the Secrets of the Universe - 2
The most effective method to Remain Ahead in the Most recent Advanced Patterns with a Web based Advertising Degree - 3
The Force of Mentorship: Self-improvement through Direction - 4
Fossils unearthed in Morocco are first from little-understood period of human evolution - 5
Artemis 2 moon astronauts will try to recreate Apollo 8's historic 'Earthrise' photo during April 6 flyby
Energy security rifts widen in Europe
The Benefits of Rehearsing Careful Nurturing
From Dread to Certainty: Individual Accounts of Strengthening
Step by step instructions to Streamline Your Dozing Involvement in a Savvy Bed
Scientists find evidence that an asteroid contains tryptophan
The most effective method to Keep up with Proficient Handshakes in a Computerized World
Crew-11 astronauts undock in 1st-ever medical evacuation from the International Space Station (video)
The Best 15 Applications for Efficiency and Association
The Best Internet based Courses for Expertise Improvement













