
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
Europe’s EV Boom Was Real in 2025. The Real Fight Starts In 2026 - 2
Wegovy maker Novo sharpens consumer focus with board role for Mars CEO - 3
How federal officials talk about health is shifting in troubling ways – and that change makes me worried for my autistic child - 4
Step by step instructions to Get the Best Vehicle Rent Arrangement: Insider Tips and Systems - 5
Ukraine apologizes to Finland for crashed drones
He made a name for himself posting thirst traps on TikTok. Now he's the star of a wildly popular rom-com.
Arctic sea ice just dropped to an alarming new low
Picking the Right Home Machines: A Commonsense Aide
Mars orbiter sees 'butterfly' crater spread its wings on the Red Planet
Courageous Climbing: Trails and Stuff for Outside Lovers
Muslim nations condemn new Israeli death penalty law
Kona SUV: Exploring the Future with Hyundai's Visionary Hybrid
ByHeart sued over recalled formula by parents of infants sickened with botulism
Tens of thousands protest as far-right AfD forms new youth group












