
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
Emotional wellness Matters: My Fight with Tension - 2
Emergency services search for five people last seen in missing Jeep - 3
The Best Internet Mastering Stages for Expertise Improvement - 4
Figure out What Shift Differentials Mean for Your General Attendant Compensation - 5
A Manual for Extravagant Vehicles Available in 2024
AstraZeneca to invest $2 billion as part of US manufacturing push
The Universe of Impeccable Pearls: A Manual for Valuable Gems
Evaluated Smartwatches for Wellness Devotees
A few Up-to-date Sacks - Stylish Young ladies Shouldn't Miss
New heart disease calculator predicts 30-year risk for young adults
The most effective method to Keep up with Proficient Handshakes in a Computerized World
Instructions to Arrange Your Compensation During Medical caretaker Prospective employee meetings
Pick Your Favored pizza beating
Supercharge Your Remote Work Arrangement with These Game-Changing Instruments













