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- $691.9MMarket Cap
- -46.74%1-Year Change
- BiotechnologyIndustry
CORMEDIX (CRMD)
Key Performance
More- Earnings Score: 96
- Momentum Score: 55
- True Yield: N/A
- Financial Health Score: 92
Latest Research & News
CorMedix Builds a Real Revenue Story as DefenCath Adoption Accelerates
CorMedix is experiencing strong commercial momentum with its DefenCath catheter lock solution, which has shown a 72% reduction in catheter-related bloodstream infections in real-world evidence studies. The company reported Q3 2025 net revenue of $104.3 million and raised full-year guidance to $390-410 million. DefenCath adoption is outpacing expectations, and the Melinta Therapeutics acquisition adds diversification. Analysts are optimistic with nearly-unanimous Buy ratings and see 48% upside potential, though risks include pricing pressure and pipeline concentration.
12/24/2025, 3:42 AM • Investing
The American Kidney Fund hosted its third annual Patient Access Initiative Summit focusing on innovative kidney care technologies, AI applications, and addressing barriers to kidney disease prevention and treatment.
11/21/2025, 9:00 AM • GlobeNewswire
Strong Earnings and Biotech Resilience Define the Midweek Momentum
Several biotech companies reported significant developments, including Kraig Labs' breakthrough in spider silk production, Salarius Pharmaceuticals' public offering, Humacyte's Q3 progress, and CorMedix's record quarterly earnings.
11/12/2025, 11:00 AM • GlobeNewswire
CorMedix Announces Completion of Enrollment in Phase III ReSPECT Clinical Trial for REZZAYO
CorMedix completed enrollment in a Phase III clinical trial for REZZAYO, a drug aimed at preventing fungal infections in patients undergoing blood and marrow transplantation. Topline results are expected in Q2 2026, with potential FDA approval for prophylaxis treatment.
09/29/2025, 8:30 AM • Benzinga
CorMedix has successfully acquired Melinta Therapeutics for $300 million, expanding its commercial product portfolio with seven innovative drug products and raising financial guidance to $325-$350 million in pro forma 2025 revenues.
09/02/2025, 7:30 AM • Benzinga
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States. Its lead product candidate is DefenCath, an antimicrobial catheter lock solution to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure. CorMedix Inc. was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. The company was incorporated in 2006 and is based in Parsippany, New Jersey.
Key Executives
- Joseph Todisco
- Kaufman Beth Zelnick
- Elizabeth Hurlburt
- Matthew T. David
- Susan Blum
Current Ownership Distribution
- Institutions392.8M (77.80%)
- Mutual Funds103.9M (20.58%)
- Insiders8.2M (1.63%)
- Other0 (0.00%)