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CorMedixNASDAQ: CRMD

Profile

Sector:

Healthcare

Industry:

Biotechnology

Country:

United States

IPO:

13 May 2010

Next earnings report:

08 August 2024

Last dividends:

N/A

Next dividends:

N/A
$226.43 M
-34%vs. 3y high
57%vs. sector
-vs. 3y high
-vs. sector
-34%vs. 3y high
78%vs. sector
-vs. 3y high
-vs. sector

Price

after hours | Fri, 05 Jul 2024 20:02:10 GMT
$4.12+$0.01(+0.24%)

Dividend

No data over the past 3 years
$7.13 M$1.67 M

Analysts recommendations

Institutional Ownership

CRMD Latest News

CorMedix Inc. Announces Outpatient Availability of DefenCath
globenewswire.com03 July 2024 Sentiment: -

BERKELEY HEIGHTS, N.J., July 03, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing therapeutic products for life-threatening diseases and conditions, today announced that it has commenced commercialization of DefenCath® (taurolidine and heparin) to outpatient dialysis centers and vascular access clinics where patients receive outpatient dialysis and catheter placement services. The outpatient launch coincides with the effective date of July 1st for outpatient reimbursement of DefenCath as directed by the Center for Medicare & Medicaid Services (CMS).

CorMedix Inc. Announces CMS Grants Pass-Through Status to Defencath
globenewswire.com06 June 2024 Sentiment: POSITIVE

BERKELEY HEIGHTS, N.J., June 06, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions, today announced that the Center for Medicare & Medicaid Services (CMS) has determined that DefenCath® qualifies for pass-through status under the hospital Out-Patient Prospective Payment System (OPPS). Pass-through status provides for separate payment under Medicare Part B for the utilization of DefenCath in the out-patient ambulatory setting for a period of at least two years, and up to a maximum of three years.

CorMedix Inc. Announces Commercial Agreement With Top Tier Dialysis Provider
globenewswire.com28 May 2024 Sentiment: POSITIVE

BERKELEY HEIGHTS, N.J., May 28, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing therapeutic products for life-threatening diseases and conditions, today announced that it has entered into a multi-year commercial supply contract with a top tier midsized dialysis provider for the supply of DefenCath® (taurolidine and heparin).

Does CorMedix (CRMD) Have the Potential to Rally 135.51% as Wall Street Analysts Expect?
Zacks Investment Research02 May 2024 Sentiment: POSITIVE

Analysts' average price target for CorMedix (CRMD) suggests a potential 135.5% increase in the stock. Although this metric may not always be reliable, the consensus among analysts in increasing earnings estimates does signal a positive outlook for the stock.

Wall Street Analysts Predict a 146.21% Upside in CorMedix (CRMD): Here's What You Should Know
Zacks Investment Research11 April 2024 Sentiment: POSITIVE

Analysts' average price targets for CorMedix (CRMD) suggest a potential 146.2% increase in the stock. Although this metric has not consistently been accurate, the consensus among analysts in increasing earnings estimates does indicate potential growth for the stock.

CorMedix (CRMD) Q4 2023 Earnings Call Transcript
Seeking Alpha12 March 2024 Sentiment: NEUTRAL

CorMedix Inc. (NASDAQ:CRMD ) Q4 2023 Earnings Conference Call March 12, 2024 8:30 AM ET Company Participants Joe Todisco - Chief Executive Officer Matt David - Executive Vice President, Chief Financial Officer Erin Mistry - Executive Vice President, Chief Commercial Officer Liz Hurlburt - Executive Vice President, Chief Clinical Strategy and Operations Officer Dan Ferry - LifeSci Advisors Conference Call Participants Jason Butler - Citizens JMP Anish Nikhanj - RBC Capital Markets Lew Sulewski - Truist Securities Serge Belanger - Needham & Co. Operator Good morning ladies and gentlemen, and welcome to the CorMedix Inc. fourth quarter and full year 2023 earnings call. At this time, all lines are in a listen-only mode.

CorMedix Inc. to Report Fourth Quarter and Full Year 2023 Financial Results and Provide a Corporate Update on March 12, 2024
GlobeNewsWire06 March 2024 Sentiment: NEGATIVE

BERKELEY HEIGHTS, N.J., March 06, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023, before the market opens on Tuesday, March 12, 2024, and will host a corporate update conference call at 8:30am Eastern Time.

U.S. FDA approves CorMedix's antimicrobial drug
Reuters15 November 2023 Sentiment: POSITIVE

The U.S. Food and Drug Administration (FDA) on Wednesday approved CorMedix's antimicrobial drug that aims to reduce catheter-related bloodstream infections (CRBSIs) in patients with kidney disease, the regulator said.

CorMedix Inc. (CRMD) Q3 2023 Earnings Call Transcript
Seeking Alpha14 November 2023 Sentiment: POSITIVE

CorMedix Inc. (NASDAQ:CRMD ) Q3 2023 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Daniel Ferry - LifeSci Advisors Joseph Todisco - CEO Matt David - EVP and CFO Phoebe Mounts - EVP and General Counsel Conference Call Participants Jason Butler - JMP Securities Leszek Sulewski - Truist Securities Gregory Renza - RBC Capital Markets Operator Good afternoon, and welcome to CorMedix Third Quarter 2023 Earnings Conference Call. Today's call is being recorded.

Why Is Cormedix (CRMD) Stock Down 23% Today?
InvestorPlace29 June 2023 Sentiment: NEGATIVE

Cormedix (NASDAQ: CRMD ) stock is falling hard on Thursday after the company priced a public offering of its shares. That public offering has the company selling 7.5 million shares of CRMD stock at a price of $4 per share.

What type of business is CorMedix?

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States and internationally. Its lead product candidate is DefenCath/Neutrolin, a novel anti-infective solution for the reduction and prevention of catheter-related infections and thrombosis in patients requiring central venous catheters in clinical settings, such as hemodialysis, total parenteral nutrition, and oncology. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey.

What sector is CorMedix in?

CorMedix is in the Healthcare sector

What industry is CorMedix in?

CorMedix is in the Biotechnology industry

What country is CorMedix from?

CorMedix is headquartered in United States

When did CorMedix go public?

CorMedix initial public offering (IPO) was on 13 May 2010

What is CorMedix website?

https://www.cormedix.com

Is CorMedix in the S&P 500?

No, CorMedix is not included in the S&P 500 index

Is CorMedix in the NASDAQ 100?

No, CorMedix is not included in the NASDAQ 100 index

Is CorMedix in the Dow Jones?

No, CorMedix is not included in the Dow Jones index

When does CorMedix report earnings?

The next expected earnings date for CorMedix is 08 August 2024