
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
Data centers in space: Will 2027 really be the year AI goes to orbit? - 2
The 3 little words TV fans can't stop obsessing over - 3
A Sweet Choice: Pick Your #1 Cake! - 4
U.S. to drop childhood vaccine recommendations as it looks to Denmark, Washington Post reports - 5
One lightly wounded after Iranian missile barrage targets northern Israel
This Underrated Italian City Boasts Indulgent Food & Captivating Views For A Romantic Escape
Father and son spending Christmas together after health scares
The Effect of Online Organizations on Society: Beating the Difficulties
How effective is the flu shot this year? New report shows promising results
Pedal Power: Divulging Well known Bike Brands for Each Cyclist
See tonight’s solar storm unfold across the world
Czech Republic's new premier: No money for Ukraine
Nearly half of reindeer have been wiped out and armadillos are in Iowa. Here’s how animals are weathering warming holidays
Farewell, comet 3I/ATLAS! Interstellar visitor heads for the outer solar system after its closest approach to Earth













