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CorMedix Inc. - $CRMD STOCK NEWS

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Rhea-AI Summary

CorMedix Inc. (Nasdaq: CRMD) is set to participate in two upcoming investor conferences, the JMP Securities Life Sciences Conference on May 13-14, 2024, and the RBC Capital Markets Global Healthcare Conference on May 14-15, 2024. Management will engage in fireside chats and investor meetings during these events, with details provided for each. The events will be webcasted, and replays will be available on the company's investor relations website.

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-4.44%
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Rhea-AI Summary

CorMedix Inc. reported financial results for Q1 2024, highlighting a net loss of $14.5 million. The company successfully launched DefenCath® and secured a commercial supply contract with ARC Dialysis. CMS approved a new HCPCS code for DefenCath, qualifying for TDAPA. The FDA granted a Type C meeting to discuss development plans. The company remains financially stable with $58.6 million in cash and short-term investments.

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-5.17%
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Rhea-AI Summary

CorMedix Inc. (Nasdaq: CRMD) will report its financial results for the first quarter of 2024 on May 9, 2024. The company focuses on developing therapeutic products for life-threatening diseases. A corporate update conference call will follow the release.

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0.86%
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Rhea-AI Summary
CorMedix Inc. announced that CMS granted TDAPA to DefenCath, a critical step for the company's outpatient launch in July 2024. DefenCath is approved by the FDA to reduce CRBSIs in adult patients with kidney failure.
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-2.58%
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none
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Rhea-AI Summary
CorMedix Inc. announces the U.S. inpatient commercial availability of DefenCath (Taurolidine and Heparin), a solution to reduce catheter-related bloodstream infections in adult patients with kidney failure. The company plans to expand to outpatient settings by July 1, 2024, pending CMS approval.
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-7.88%
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CorMedix Inc. (CRMD) announces acceptance of two abstracts for presentation at the SHEA conference. The first abstract showcases taurolidine's broad antimicrobial activity against various bacteria, including NTM and fungal isolates. The second abstract highlights outcomes and economics of hospital-acquired bloodstream infections in hemodialysis patients.
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21.02%
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Rhea-AI Summary
CorMedix Inc. (CRMD) secures a 5-year commercial supply contract with ARC Dialysis, for DefenCath®, a product approved under LPAD. The agreement aims to prevent infections in hemodialysis patients, showcasing CorMedix's commitment to innovation and partnership.
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1.06%
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CorMedix Inc. (CRMD) will participate in the Needham 23rd Annual Healthcare Conference, presenting at a fireside chat and investor meetings virtually on April 8 – 11, 2024. The company focuses on developing therapeutic products for life-threatening conditions. Investors can access the webcast and replay on the company's website.
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Rhea-AI Sentiment
End-of-Day
1.22%
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Rhea-AI Summary
CorMedix Inc. (CRMD) announces FDA approval for DefenCath, a catheter lock solution to reduce infections in kidney failure patients on hemodialysis. The company is preparing for commercial launch and has a strong financial position with $76.0 million in cash and short-term investments.
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-2.84%
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CorMedix Inc. (CRMD) will release its Q4 and full-year 2023 financial results on March 12, 2024, followed by a corporate update conference call. The company focuses on developing therapeutic products for life-threatening conditions.
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Rhea-AI Sentiment
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1.13%
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CorMedix Inc.

Nasdaq:CRMD

CRMD Rankings

CRMD Stock Data

285.79M
54.43M
1.01%
34.12%
15%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
BERKELEY HEIGHTS

About CRMD

cormedix inc. is a company based out of 745 route 202-206, suite 303, bridgewater, nj, united states.