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CorMedix Inc. - CRMD STOCK NEWS

Welcome to our dedicated page for CorMedix news (Ticker: CRMD), a resource for investors and traders seeking the latest updates and insights on CorMedix stock.

CorMedix Inc. (Nasdaq: CRMD), headquartered in Bridgewater, NJ, is a biopharmaceutical company dedicated to the development and commercialization of therapeutic products aimed at preventing and treating infectious and inflammatory diseases. The company's flagship product, DefenCath®, is targeted towards reducing the incidence of catheter-related bloodstream infections (CRBSI) in adult patients with kidney failure undergoing chronic hemodialysis through a central venous catheter.

Recently, CorMedix announced its financial results for the fourth quarter and full year ended December 31, 2023, during a conference call held on March 12, 2024. The company showcased significant advancements in their product pipeline and continued efforts to expand the market reach of DefenCath®. This includes ongoing clinical trials and strategic partnerships aimed at enhancing patient safety and treatment efficacy.

DefenCath®, which combines taurolidine and heparin, has been pivotal in addressing the critical need for infection control in hemodialysis patients. The product has shown promising results in reducing bloodstream infections and is poised to make a substantial impact in the healthcare sector. CorMedix remains committed to research and development, with an emphasis on innovation and quality.

For more detailed information about DefenCath®, including safety information, prescribing guidelines, and potential adverse effects, professionals and patients are encouraged to review the full prescribing information available on the company's website.

CorMedix's financial health remains robust, bolstered by strategic investments and a clear focus on growth and sustainability. The company continues to engage with investors and stakeholders through transparent communication and regular updates on their progress.

For latest updates and detailed news about CorMedix Inc., investors and interested parties can visit the company's website and review recent press releases and financial reports.

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CorMedix Inc. (Nasdaq: CRMD) announced financial results for Q3 and nine months ended Sep 30, 2023, and provided updates on recent business events. Recent highlights include FDA inspections, preparations for commercial launch, and USPTO patent issuance. The company's CEO expressed satisfaction with the progress made and looks forward to potential FDA approval of DefenCath.
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CorMedix Inc. (Nasdaq: CRMD) will report its financial results for Q3 2023 on November 14, 2023. The company focuses on developing and commercializing therapeutic products for life-threatening conditions. A corporate update conference call will be held at 4:30pm Eastern Time.
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CorMedix Inc. announces acceptance of abstract for presentation at IDWeek 2023
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CorMedix Inc. to present at Cantor Fitzgerald Global Healthcare Conference
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CorMedix announces publication of Phase 3 LOCK IT-100 study results for DefenCath in CJASN
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CorMedix to present at H.C. Wainwright Global Investment Conference
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CorMedix Inc. receives U.S. Patent for catheter lock solution, extending intellectual property protection until 2042.
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CorMedix Inc. (CRMD) provided an update on recent business events, including the acceptance for filing of its DefenCath NDA by the FDA and a strategic initiative with Boston Medical Center. The company also announced financial results for the second quarter and six months ended June 30, 2023, and completed an equity offering generating net proceeds of approximately $43.2 million. The company's cash and short-term investments at June 30, 2023, amounted to $52.4 million, with pro forma cash and short-term investments of approximately $95 million including net proceeds from the equity offering. The company recorded a net loss of $11.3 million for the second quarter of 2023, compared with a net loss of $7.6 million in the second quarter of 2022, and a net loss of $21.8 million for the six months ended June 30, 2023, compared with a net loss of $14.6 million in the first half of 2022.
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CorMedix Inc. (Nasdaq: CRMD) to Report Q2 2023 Financial Results and Host Corporate Update Conference Call on August 8, 2023. The biopharmaceutical company will focus on developing and commercializing therapeutic products for life-threatening conditions and diseases. The financial report will be released before the market opens, followed by a conference call at 8:30am Eastern Time. Investors can join the call using the provided domestic and international numbers or through the webcast link.
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CorMedix Inc. announces pricing of underwritten public offering of common stock and pre-funded warrants, expected to raise approximately $40 million.
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FAQ

What is the current stock price of CorMedix (CRMD)?

The current stock price of CorMedix (CRMD) is $8.57 as of December 20, 2024.

What is the market cap of CorMedix (CRMD)?

The market cap of CorMedix (CRMD) is approximately 521.2M.

What does CorMedix Inc. specialize in?

CorMedix Inc. specializes in developing and commercializing therapeutic products to prevent and treat infectious and inflammatory diseases.

What is DefenCath®?

DefenCath® is a product aimed at reducing catheter-related bloodstream infections in hemodialysis patients using a central venous catheter.

Where is CorMedix Inc. headquartered?

CorMedix Inc. is headquartered at 745 Route 202-206, Suite 303, Bridgewater, NJ, United States.

How did CorMedix Inc. perform in the fourth quarter of 2023?

CorMedix Inc. announced positive financial results for the fourth quarter and full year ended December 31, 2023, highlighting significant advancements and continued growth.

Who can use DefenCath®?

DefenCath® is indicated for adult patients with kidney failure receiving chronic hemodialysis through a central venous catheter to reduce the incidence of catheter-related bloodstream infections.

What are the potential side effects of DefenCath®?

Common side effects include hemodialysis catheter malfunction, hemorrhage, bleeding, nausea, vomiting, dizziness, musculoskeletal chest pain, and thrombocytopenia.

How can safety concerns about DefenCath® be reported?

Safety concerns can be reported to CorMedix Inc. at 1-888-424-6345 or to the FDA at 1-800-FDA-1088 or through the FDA's MedWatch website.

What recent events did CorMedix Inc. announce?

CorMedix recently announced financial results for the fourth quarter and full year ended December 31, 2023, and provided updates on their business and product pipeline during a conference call on March 12, 2024.

Who is the investor contact for CorMedix Inc.?

The investor contact is Dan Ferry, Managing Director at LifeSci Advisors. He can be reached at (617) 430-7576 or via email at daniel@lifesciadvisors.com.

Where can I find more detailed information about DefenCath®?

Detailed information about DefenCath®, including prescribing guidelines and safety information, can be found on the CorMedix website.

CorMedix Inc.

Nasdaq:CRMD

CRMD Rankings

CRMD Stock Data

521.21M
60.08M
0.98%
31.94%
11.27%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
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