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-0.000168747890651273 -0.00573742828214644 -0.00439588255146805 0.00109686128923388 0.00995612554843067 0.00490212622342217 -0.0056530543368208 -0.0103526830914614
Stock impact report

CorMedix raises 2025 revenue guidance to $390M-$410M amid accelerated Melinta integration and DefenCath momentum [Seeking Alpha]

CorMedix Inc. (CRMD) 
NASDAQ:AMEX Investor Relations: cormedix.com
Company Research Source: Seeking Alpha
CEO Joseph Todisco highlighted the completion and rapid integration of the Melinta Therapeutics acquisition, describing it as "transformational for CorMedix creating a diversified specialty pharmaceutical company with a broad portfolio of commercial Quick Insights The Melinta acquisition has driven record revenue, net income, and adjusted EBITDA, ahead-of-schedule integration, and realization of significant synergies, leading management to raise 2025 guidance. Management expects some price compression for DefenCath post-TDAPA pending CMS rulings and legislation, but volume growth is currently mitigating pricing setbacks. Management believes the stabilizing base business, asset pipeline (like Rezzayo prophylaxis), and rapid integration are undervalued by investors, despite improved financial guidance and execution success. More Trending News Show less Read more
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