
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
Interstellar comet 3I/ATLAS isn't an alien spacecraft, astronomers confirm. 'In the end, there were no surprises.' - 2
Germany records first wolf bite on human since repopulation - 3
What's going on with Katseye? The Manon Bannerman hiatus drama, explained. - 4
Unsold Rams May Be Less expensive Than You Suspect - 5
US measles cases surpass 2,000, highest in 30 years: CDC
SpaceX launches Starlink missions in dual-coast spaceflight doubleheader (videos)
Osteoporosis, the silent disease, can shorten your life − here’s how to prevent fractures and keep bones healthy
The gay hockey show no one saw coming — and everyone is suddenly obsessed with
'The Golden Bachelor' Season 2 finale: How to watch tonight, start time, where to stream and more
A Manual for Nations with Extraordinary Food
Vote In favor of Your Number one Sort Of Blossoms
It Looks Like a Tiny, Fluffy Dragon, But It's Really a Bird. Meet the Great Eared Nightjar
Reporter's Notebook: The Post embeds with foreign armies visiting the IDF
Council removes proposal to rename park named after former president of Israel













