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Stock impact report

Cidara Therapeutics (CDTX) Rockets 722% in 2025 on Merck $9.2-Billion Merger [Yahoo! Finance]

Cidara Therapeutics, Inc. (CDTX) 
Last cidara therapeutics, inc. earnings: 3/4 05:55 am Check Earnings Report
US:NASDAQ Investor Relations: ir.cidara.com
Company Research Source: Yahoo! Finance
Cidara Therapeutics climbed by 721.76 percent in 2025, primarily bolstered by its looming merger with Merck for $9.2 billion. In an announcement last November, Cidara Therapeutics Inc. (NASDAQ:CDTX) said that it signed a definitive agreement with Merck, under which the latter's subsidiary would acquire the former's issued and outstanding shares at a price of $221.50 apiece. At that time, the acquisition price represented a 108 percent premium over Cidara Therapeutics Inc.'s (NASDAQ:CDTX) closing price of $105.99 on November 13, or prior to the announcement of the deal. The acquisition followed Cidara Therapeutics, Inc. (NASDAQ:CDTX) receipt of a fast track designation from the Food and Drug Administration for its drug candidate, CD388, which aims to prevent influenza in individuals at higher risk of complications. The CD388 is currently being evaluated in a Phase 3 study among 6,000 adult and adolescent participants in the US and the UK who are at higher risk of developing complicat Show less Read more
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