
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
Vote In favor of Your Favored Kind Of Cheddar - 2
I'm an 83-year-old yoga instructor. I'm not your typical grandma — I still work to feel fulfilled and supplement my Social Security. - 3
Pfizer says patient dies after receiving hemophilia drug in trial - 4
Top 15 Online Entertainment Stages for Individual Marking - 5
The Best 20 Tunes that Characterized an Age
Grasping Various Kinds of Local misdemeanors
Party Urban areas of the World
Vietnam rethinks its flood strategy as climate change drives storms and devastation
The most effective method to Remain Ahead in the Most recent Advanced Patterns with a Web based Advertising Degree
The Quadrantid meteor shower peaks tonight, but will the full 'Wolf Moon' outshine the show?
15 Outrageous Cosplay Outfits That Will Blow You Away
Europe picks companies to help build Argonaut moon lander
Surveys of Music Collections by Film Stars
Picking the Right Home Machines: A Commonsense Aide













