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CorMedix derivative suit settlement preliminarily approved; final hearing Sept 23, 2026
Court granted preliminary approval on July 24, 2026; final settlement hearing set for Sept 23, 2026 in Newark, NJ.
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CorMedix appoints Elizabeth Hurlburt as Chief Operating and Commercial Officer; Michael Seckler departs
Elizabeth Hurlburt, previously COO, appointed to newly created role of Chief Operating and Commercial Officer, effective June 29, 2026.
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CorMedix dismisses CBIZ CPAs, appoints EY as auditor; cites material weakness in internal controls
Audit Committee dismissed CBIZ CPAs on June 25, 2026, and appointed Ernst & Young as new independent auditor for FY 2026.
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CorMedix shareholders reject five of eight proposals at 2026 annual meeting
All eight director nominees elected with over 33M votes each; broker non-votes ~20M.
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Federal Circuit upholds CorMedix's MINOCIN patents; Nexus generic barred from market
Federal Circuit affirmed district court: Nexus generic minocycline infringes two CorMedix patents, invalidity rejected.
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CorMedix Q1 net revenue $127.4M, net income $38.6M; raises FY guidance
Q1 net revenue $127.4M, net income $38.6M, adjusted EBITDA $70.0M; EPS $0.48 basic/$0.43 diluted.
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CorMedix reports positive Phase III ReSPECT results for REZZAYO in fungal prophylaxis
Primary endpoint met: fungal-free survival at Day 90 was 60.7% for rezafungin vs 59.0% for standard regimen.
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CorMedix reaffirms FY2027 DefenCath guidance $100M-$140M; FY2026 revenue guidance $300M-$320M
Reaffirms FY2027 DefenCath sales $100M-$140M, correcting inadvertent $100M-$125M range from March 5 earnings call.
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CorMedix Q4 rev $128.6M; FY2025 net income $163M; reiterates 2026 guidance
Q4 net revenue $128.6M ($91.2M DefenCath, $37.4M Melinta); net income $14.0M vs $13.5M YoY.
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CorMedix preliminary Q4 revenue ~$127M, FY2025 pro forma ~$400M; CEO becomes Chairman, new CCO appointed
Q4 2025 unaudited net revenue ~$127M; FY2025 pro forma net rev. ~$400M (incl. Melinta).
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CorMedix reports Q3 net income of $108.6M, raises FY 2025 pro forma revenue guidance to $390-410M
Net revenue of $104.3M (pro forma $130.8M) driven by DefenCath sales of $88.8M; diluted EPS $1.26.
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CorMedix Q3 prelim rev >$100M, raises FY25 pro forma guidance to at least $375M
Q3 2025 preliminary net revenue >$100M; DefenCath revenue >$85M; pro forma net revenue >$125M.
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CorMedix files Melinta acquisition financials; Melinta 2024 revenue $120M, net loss $4.7M
Melinta 2024 total revenue $119.97M (product $106.3M) vs $105.6M in 2023; net loss narrowed to $4.7M from $36.0M.
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CorMedix completes $300M acquisition of Melinta; raises FY2025 revenue guidance
Acquisition closed Aug 29, 2025; $260M cash + $40M equity upfront, plus up to $25M in milestone payments.
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CorMedix closes $150M convertible note offering due 2030 at 4.00% interest
Issued $150M aggregate principal of 4.00% Convertible Senior Notes due 2030 in a private placement.
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CorMedix to acquire Melinta for $300M; Q2 revenue $39.7M, net income $19.8M
Enters agreement to acquire Melinta for $260M cash + $40M stock, plus contingent milestone payments up to $25M and tiered royalties on REZZAYO and MINOCIN.
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CorMedix closes $85M public offering of common stock, net proceeds $82.2M
Closed public offering of 6,604,507 shares at gross proceeds ~$85M.
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CorMedix shareholders elect all 7 director nominees, approve say-on-pay and auditor ratification
Directors elected: Dillione 15.6M votes, Duncan 17.6M, Dunton 17.0M, Kaplan 14.2M, Lefkowitz 17.4M, Stewart 15.8M, Todisco 18.3M.
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CorMedix raises Q2 net sales guidance to $35-40M; LDO customer implements DefenCath with 50%+ more patients
LDO customer commenced ordering DefenCath; implementation targets at least 50% more patients than previously communicated.
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CorMedix Q1 2025 net revenue $39.1M, net income $20.6M vs loss; raises H1 guidance to high-end
Q1 net revenue $39.1M; net income $20.6M ($0.32 EPS) vs net loss of $14.5M ($0.25 loss) in Q1 2024.
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CorMedix engages CBIZ CPAs as new auditor; Marcum resigns after acquisition
Marcum LLP resigned April 17, 2025; CBIZ CPAs engaged immediately for FY2025, approved by Audit Committee.
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CorMedix Q1 prelim revenue $39.0M, raises H1 2025 net sales guidance to $62-$70M
Preliminary unaudited Q1 2025 net revenue of $39.0M; expects adjusted EBITDA above $22.5M.
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CorMedix Q4 2024 net revenue $31.2M, first profitable quarter; H1 2025 guidance $50-60M
Q4 2024 net revenue $31.2M; net income $13.5M ($0.22/diluted share); adjusted EBITDA $15.3M.
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CorMedix reports preliminary Q4 2024 net revenue ~$31M, FY ~$43M; Q4 Adj EBITDA >$12M
Q4 2024 prelim unaudited net revenue ~$31M; FY 2024 ~$43M; Q4 Adj EBITDA >$12M.
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CorMedix shareholders approve stock plan amendment increasing authorized shares; all director nominees elected
Plan amendment to increase share authorization under 2019 Omnibus Stock Incentive Plan approved with 16.5M FOR, 2.8M AGAINST, 0.8M abstain.
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CorMedix Q3 net revenue $11.5M; net loss narrows to $2.8M; DefenCath access at 60% of US clinics
Q3 2024 net revenue of $11.5M from DefenCath first full quarter; net loss $2.8M ($0.05/sh) vs $9.7M loss ($0.17/sh) in Q3 2023.
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CorMedix Q2 net loss $14.2M; DefenCath sales $0.8M initial, outpatient QTD $5.2M
Q2 net loss $14.2M ($0.25/share) vs $11.3M loss ($0.25/share) a year ago, driven by higher operating expenses.
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CorMedix Q1 net loss $14.5M; launches DefenCath; CMS TDAPA effective July 2024
Net loss of $14.5M ($0.25/sh) vs $10.6M loss ($0.24/sh) in Q1 2023; operating expenses up 44% to $15.9M.
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CorMedix reports Q4 2023 net loss $14.8M; FDA approved DefenCath; launch April 2024
Net loss Q4 2023 $14.8M ($0.26/sh) vs $8.2M ($0.20/sh) Q4 2022; operating expenses $15.7M.
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CorMedix receives CMS reimbursement determination for DefenCath; sets WAC price at $249.99 per vial
CMS determined DefenCath eligible for ESRD PPS reimbursement; CorMedix submitted TDAPA application for 5-year add-on payment.
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CorMedix EVP, General Counsel and Corporate Secretary Phoebe Mounts to depart Dec 31, 2023
Mutual separation approved Dec 12, 2023; Mounts ceases as General Counsel and Corporate Secretary immediately, remains EVP through Dec 31.
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CorMedix announces FDA approval of DefenCath to reduce catheter-related bloodstream infections in hemodialysis patients
DefenCath (taurolidine and heparin) is the first FDA-approved antimicrobial catheter lock solution for adult hemodialysis patients.
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CorMedix Q3 net loss $9.7M; FDA inspections complete, launch targeted by Q1 2024
Net loss $9.7M ($0.17/sh) vs $6.9M ($0.17/sh) in Q3 2022; operating expenses up 50% to $10.5M.
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CorMedix shareholders elect 7 directors, approve executive pay, ratify Marcum as auditor
All 7 director nominees elected; Robert Stewart received most votes (16.2M for), Janet Dillione fewest (10.6M for).
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CorMedix board member Paulo F. Costa to retire effective Oct 15, 2023; board size reduced to seven
Paulo F. Costa notified the Board of his retirement, effective October 15, 2023.
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CorMedix Q2 net loss widens to $11.3M; DefenCath NDA PDUFA date Nov 15, 2023
Net loss of $11.3M ($0.25 per share) vs $7.6M loss in Q2 2022, driven by increased R&D and SG&A.
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CorMedix prices $40M public offering of 7.5M shares at $4.00/sh and pre-funded warrants
Gross proceeds ~$40M from 7.5M shares at $4.00/sh and 2.5M pre-funded warrants at $3.999.
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CorMedix announces FDA acceptance of DefenCath NDA resubmission; PDUFA date Nov 15, 2023
FDA accepted DefenCath NDA resubmission as a complete Class 2 response with six-month review.
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CorMedix resubmits DefenCath NDA to FDA for hemodialysis catheter infection prevention
NDA for DefenCath resubmitted to FDA as of May 15, 2023; agency acknowledged receipt for processing.
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CorMedix Q1 net loss $10.6M; DefenCath NDA resubmitted to FDA for 6-month review
Q1 net loss $10.6M ($0.24/share) vs $7.0M loss in Q1 2022; operating expenses $11.0M, up 57% YoY due to pre-launch activities.
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CorMedix to resubmit DefenCath NDA by mid-May; CMS proposes NTAP up to $17,111
Company will resubmit NDA for DefenCath to FDA by mid-May 2023 following Type A meeting.
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CorMedix appoints Robert Stewart to Board of Directors
Robert Stewart appointed to Board effective April 13, 2023; Board now has 8 directors, 7 independent.
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CorMedix reports Q4 2022 net loss $8.2M; FDA grants Type A meeting for DefenCath resubmission
Q4 2022 net loss $8.2M ($0.20/shr) vs $7.8M loss in Q4 2021; full-year net loss $29.7M ($0.74/shr).
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CorMedix updates DefenCath NDA resubmission pathways; CMO 1 completes corrective actions
CMO 1 completed all corrective actions from FDA's June 2022 inspection; awaits FDA feedback on compliance status.
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CorMedix reports Q3 net loss of $6.9M; provides DefenCath regulatory and NTAP updates
Net loss of $6.9M ($0.17 per share) improved from $8.6M loss ($0.22) in Q3 2021.
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CorMedix dismisses Friedman LLP and appoints Marcum LLP as auditor
Audit Committee approved dismissal of Friedman and engagement of Marcum on October 17, 2022.
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CorMedix stockholders elect directors and approve all four proposals at 2022 annual meeting
Seven director nominees elected (Costa, Dillione, Duncan, Dunton, Kaplan, Lefkowitz, Todisco) with for votes ranging from 7.6M to 9.2M; 19.1M broker non-votes.
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CorMedix receives second FDA CRL for DefenCath; Q2 net loss $7.6M
Second CRL from FDA for DefenCath NDA due to unresolved deficiencies at CMO and heparin supplier.
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CorMedix receives second Complete Response Letter from FDA for DefenCath NDA due to manufacturing deficiencies
FDA issued second CRL stating DefenCath NDA cannot be approved until deficiencies at CMO and heparin supplier are resolved.
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CorMedix: Q1 net loss $7.0M; FDA accepts DefenCath NDA resubmission with 6-mo review
Net loss $7.0M ($0.18/shr) vs $7.2M ($0.20/shr) in Q1 2021; operating expenses down 3%.