Merck Completes Acquisition of Cidara Therapeutics

Reuters01-07

Merck Completes Acquisition of Cidara <a href="https://laohu8.com/S/LENZ">Therapeutics</a>

Merck has completed its acquisition of Cidara Therapeutics, with Cidara now becoming a wholly owned subsidiary. The transaction was completed through a merger, in which all outstanding shares of Cidara common stock not previously tendered will be converted into the right to receive $221.50 per share in cash, without interest and subject to tax withholding. Following the merger, Cidara’s common stock will no longer be listed or traded on the Nasdaq Global Market. Merck stated that the acquisition strengthens its respiratory portfolio and highlighted the addition of CD388, a long-acting antiviral candidate for the prevention of symptomatic influenza in high-risk individuals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Merck & Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260106167859) on January 07, 2026, and is solely responsible for the information contained therein.

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The transaction was completed through a merger, in which all outstanding shares of Cidara common stock not previously tendered will be converted into the right to receive $221.50 per share in cash, without interest and subject to tax withholding. Following the merger, Cidara’s common stock will no longer be listed or traded on the Nasdaq Global Market. Merck stated that the acquisition strengthens its respiratory portfolio and highlighted the addition of CD388, a long-acting antiviral candidate for the prevention of symptomatic influenza in high-risk individuals.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Merck & Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. 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