
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
Tech Patterns: Contraptions That Will Shape What's in store - 2
The pace of hiring just fell to the lowest since 2011, outside of the pandemic - 3
SUVs Known for Their Looks As opposed to Their Capacity - 4
Recent studies prove the ancient practice of nasal irrigation is effective at fighting the common cold - 5
New research reveals urban raccoons across the US show early signs of domestication
Everyone knows F1 is for the girls. I wandered into the Las Vegas desert to find out why.
Early diagnosis leads King Charles to scale back cancer treatment in the new year
Vote In favor of Your Favored Web-based Visual depiction Administration
Nuno Loureiro, MIT physicist, fatally shot at home; police investigate
Reporter's notebook: Inside the IDF’s ‘Hamas Village,’ and how Israel is rewriting urban warfare
NATO official says members often aren't buying weapons together, and it's a mistake
Are protests pushing Iran's Islamic regime toward a tipping point?
21 Things You Ought to Never Share with Your Childless Companion
Doctors seek to understand why quitting antidepressants causes withdrawal for some













