Merck bets on flu prevention with $9.2 billion deal for Cidara Therapeutics

Nov 15, 2025 - 08:00
Merck bets on flu prevention with $9.2 billion deal for Cidara Therapeutics
Merck will pay $221.50 per share in cash for Cidara, the companies said on Friday, a premium of 108.9% from its last closing price.