
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 the wide open action that revives your brain and soul! - 2
Distributed storage Answers for Information Reinforcement - 3
Creative Tech Contraptions That Will Work on Your Life - 4
Brazilian cardinal orders a popular Catholic priest to go offline following right-wing attacks - 5
British Columbia's Secret Lakeside Town With Hot Springs Is 'An Oasis Of Arts, Culture And Relaxation'
The Best 15 Applications for Efficiency and Association
U.S. overhauls childhood vaccine schedule, recommends fewer shots
Scientists discover black hole flare with the light of 10 trillion suns
Netanyahu leads meeting on West Bank riots, Katz defends axing administrative detention for Jews
Hunger and makeshift shelters persist in north Caribbean nearly 2 months after Hurricane Melissa
US bishops officially ban gender-affirming care at Catholic hospitals
A definitive Bike Standoff: Decision in favor of Your Number one Ride
Mobility exercises are an important part of fitness as we age. Here are some tips
Pick Your Favored method of transportation













