
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
The Green Transformation: 5 Feasible Living Practices - 2
The Most Compelling Innovation Developments Somewhat recently - 3
Vacation destinations in America - 4
Vietnam rethinks its flood strategy as climate change drives storms and devastation - 5
Must-Have Wellness Gear: What to Purchase for Successful Exercises
Fundamental Archives for Beginning Your Business
2024's Hot Games: Must-Play Titles of the Year
Vote in favor of the blossom plan that adds a hint of excellence to your life!
Telecommute Arrangement: What's Vital for Your Efficiency?
Incredible Travel Objections for Craftsmanship Darlings to Visit
Make your choice for the music application with the most amicable connection point!
Vote in favor of your #1 sort of juice
Tablets: Upgrade Your Understanding Experience
Exploiting Unsold Rams: May Be Less expensive Than You Suspect













