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0.00120821586790163 0.00120016109544898 0.00241643173580341 0.00495368505839715 0.00443012484897299 0.00120821586790163 0.00402738622633902 0.00201369311316958
Stock impact report

Can CorMedix's Melinta Acquisition Aid Growth Beyond DefenCath? [Yahoo! Finance]

CorMedix Inc. (CRMD) 
NASDAQ:AMEX Investor Relations: cormedix.com
Company Research Source: Yahoo! Finance
acquiring Melinta Therapeutics for $300 million in August 2025. The deal added seven approved products to CRMD's portfolio, while diversifying its commercial portfolio and expanding its footprint in hospital acute care and infectious disease markets. These acquired products from Melinta contributed $12.8 million to CRMD's top line during the third quarter of 2025, which, up until now, was tied almost entirely to product sales from DefenCath. DefenCath was approved by the FDA in late 2023 as the first and only antimicrobial catheter lock solution available in the United States. The product was launched in 2024 in both the hospital inpatient and outpatient hemodialysis settings. In the first nine months of 2025, DefenCath recorded $167.6 million in net sales. The Melinta acquisition expanded CorMedix's revenue base and created near-term growth opportunities, led by Rezzayo, which is approved for treating candidemia and invasive candidiasis in adults. Rezzayo is also in late-stage Show less Read more
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