CRMD
CORMEDIX (CRMD)
NASDAQ
$8.73-$0.09 (-1.03%)
Price as of Jun 23, 2026 6:27 PM EDT
  • $691.9M
    Market Cap
  • -46.74%
    1-Year Change
  • Biotechnology
    Industry

Key Performance

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  • Earnings Score: 96
  • Momentum Score: 55
  • True Yield: N/A
  • Financial Health Score: 92
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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

American Kidney Fund Hosts Third Patient Access Initiative Summit to Address Barriers to Kidney Care and Propose Innovative Solutions

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 Completes Acquisition of Melinta Therapeutics, Raises Financial Guidance and Announces New Leadership Team

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

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Day Range
$8.70
$9.06
$8.82
1-Year Range
$6.25
$16.56
$8.82
Latest Close$8.82
Change
+$0.15 (+1.70%)
Volume1,957,827
Market Cap$691.9M
Shares Outstanding78.5M
P/E (TTM)0.32
Diluted EPS (TTM)$27.21
Enterprise Value$513.9M

Information as of 06/22/2026

Company Profile

$691.9M
Market Cap
$181.0M
Net Income
Sector: Healthcare
Industry: Biotechnology
389 Interpace Pkwy, Parsippany, NJ, United States, 07054
908 517 9500

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%)