
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
Nvidia Share Price Could Be Hit Hard By Iran War - 2
Olivia Rodrigo announces 3rd album, 'You Seem Pretty Sad for a Girl So in Love,' set to debut in June - 3
IDF kills four terrorists equipped with weapons, surveillance gear near Gaza's Yellow Line - 4
Here's how 'Bridgerton' fans can watch the first episode of Season 4 before its Netflix release later this month - 5
Is an $85 apple pie worth it? Our Thanksgiving taste test says … maybe.
Sexual violence part of 'everyday life' in parts of Sudan, charity says
From record warming to rusting rivers, 2025 Arctic Report Card shows a region transforming faster than expected
Israel violated ceasefire with Hezbollah more than 10,000 times, UNIFIL claims
Air Force made critical errors during October 7 massacre, investigator says
Vote in favor of your #1 Kind of Cap
A decade after Brazil’s deadly dam collapse, Indigenous peoples demand justice on the eve of COP30
Understanding Various Sorts of Financial balances: An Extensive Outline
Find the Abilities Required for Advanced Advertising Position
Finding Your Motivation: Moves toward a Satisfying Life












