
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
A Past filled with Old Civilizations: The World's Most established Societies - 2
The Best 15 Applications for Efficiency and Association - 3
Deadly attack on kindergarten reported in Sudan - 4
The Fragrant Small Tree Birds & Pollinators Love With Stunning Flowers In Summer - 5
Parents search for children missing since a volcanic eruption in Colombia 40 years ago
No injuries after blast at pro-Israel centre in the Netherlands
The Job of Attorneys: It is Important to Comprehend When Legitimate Help
Geomagnetic storm grounds launch of Mars space weather satellites
Step by step instructions to Look at Compact disc Rates: A Thorough Aide
2024 Style: The It-Things You Want in Your Closet
Qatar, Ireland accuse Israel of using chemical weapons on Palestinians, demand watchdog probe use
Inconceivable Spots To Stargaze All over The Planet
Exploring the Main Year of Life as a parent: Individual Encounters
They relied on marijuana to get through the day. But then days felt impossible without it













