regulatory
confidence high
sentiment negative
materiality 0.85
CorMedix receives second Complete Response Letter from FDA for DefenCath NDA due to manufacturing deficiencies
CorMedix Inc.
- FDA issued second CRL stating DefenCath NDA cannot be approved until deficiencies at CMO and heparin supplier are resolved.
- No other deficiencies cited; clinical and labeling review completed per the CRL.
- CorMedix entered agreement with Alcami as alternative manufacturer; expects to file NDA supplement around end of Q1 2023.
- CMS published conditional NTAP reimbursement, effective if FDA approval by July 1, 2023; duplicate NTAP application planned for October 2022.
- Management remains confident of pathway to approval in calendar 2023, with both existing CMO remediation and Alcami transfer.