
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
Excelling at Cash The board: A Manual for Monetary Essentials - 2
CDC studies show value of nationwide wastewater disease surveillance, as potential funding cut looms - 3
Tzrifin base exhibition reveals Hamas and Hezbollah arms, showing structure behind attacks - 4
EU delays signing of Mercosur free trade deal - 5
The most effective method to Beat Dental Tension and Guarantee Customary Exams
Famous SUVs With Low Energy Utilization In 2024
IDF finds weapon of slain hostage Capt. Daniel Perez in booby-trapped Gaza compound
Flights canceled at 40 U.S. airports: Follow live updates as FAA cuts to air traffic take effect amid government shutdown
UN chief warns he could refer Israel to ICJ over laws targetting UNRWA
France honors the victims of the Paris attacks' night of terror 10 years on
Islamic State group militants claim capture and execution of a Nigerian brigadier general
Between 600 to 800 aid trucks entering Gaza daily since start of ceasefire, COGAT confirms
Ski Resorts Universally: A Colder time of year Wonderland Guide
Overlooked infertility care should be part of national health services, says WHO












