---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-118109"
form_type: "8-K"
ticker: "CRMD"
cik: "0001410098"
company_name: "CorMedix Inc."
filed_at: "2026-11-10T22:15:38+00:00"
generated_at: "2026-11-10T22:18:06.047802+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "medium"
source: SEC EDGAR
---

# CorMedix to acquire substantially all Heron Therapeutics assets, adding four FDA-approved brands including ZYNRELEF

## Summary
- CorMedix entered a definitive asset purchase agreement to buy substantially all of Heron Therapeutics' assets; deal announced November 9, 2026, with a Pharmakon term loan facility involved in funding.
- Consideration includes CorMedix common stock issued to Heron in a private placement; Heron stockholders must vote on the transaction; earn-out milestones and royalty payments are contemplated.
- Acquired portfolio is described as four FDA-approved commercial brands, including ZYNRELEF, expected to diversify revenue and be accretive to earnings.
- Closing conditioned on Heron stockholder approval and required regulatory clearances; the agreement includes a termination fee payable by Heron in specified circumstances.
- No purchase price, per-share value or premium is disclosed in the filed text; continued separate payment for ZYNRELEF under the NOPAIN Act is cited as a revenue driver.

## SEC filing metadata
- accession: 0001213900-26-118109
- form_type: 8-K
- ticker: CRMD
- cik: 0001410098
- company_name: CorMedix Inc.
- filed_at: 2026-11-10T22:15:38+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410098/000121390026118109/0001213900-26-118109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410098/000121390026118109/ea0311532-8k_cormedix.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-118109
- JSON: https://secwatch.observer/filing/0001213900-26-118109.json
- Plain text: https://secwatch.observer/filing/0001213900-26-118109.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.