CorMedix: Delayed Approval, Low Cash, Good Prospects [Seeking Alpha]
CorMedix Inc. (CRMD)
NASDAQ:AMEX Investor Relations:
cormedix.com
Company Research
Source: Seeking Alpha
Summary CorMedix's DefenCath, an FDA-approved antimicrobial catheter lock solution, significantly reduces catheter-related bloodstream infections, addressing a critical need in hemodialysis patients. DefenCath's market exclusivity and reimbursement strategies position it well in the growing $2.6bn CRBSI market, with significant potential for revenue. Despite past challenges, CorMedix's financial outlook is improving, but additional funds are needed for future trials in new indications. Investors should await Q3 earnings data for a clearer picture, as current stock spikes are driven by DefenCath's recent launch. Eoneren/E+ via Getty Images CorMedix Corp ( NASDAQ: CRMD ) has been around for nearly 2 decades, but only last year got its product DefenCath approved by the FDA. DefenCath is an antimicrobial catheter lock solution (CLS) which is approved to reduce the incidence of About the TPT service Thanks for reading. At the Total Pharma Tracker , we offer the following:-
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CRMD
News
- CorMedix (CRMD) Upgraded to Strong Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- CorMedix Inc. to Participate in the Truist Securities BioPharma SymposiumGlobeNewswire
- Rainbows and Unicorns: CorMedix Inc. (NASDAQ:CRMD) Analysts Just Became A Lot More Optimistic [Yahoo! Finance]Yahoo! Finance
- CorMedix Inc. (NASDAQ: CRMD) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- While shareholders of CorMedix (NASDAQ:CRMD) are in the black over 1 year, those who bought a week ago aren't so fortunate [Yahoo! Finance]Yahoo! Finance
CRMD
Earnings
- 10/30/24 - Beat
CRMD
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form 144
- 11/14/24 - Form SC
- CRMD's page on the SEC website