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CorMedix Inc. Announces Proposed Public Offering of Common Stock
GlobeNewswire News Room· 2025-06-26 20:01
Core Viewpoint - CorMedix Inc. plans to offer and sell $85.0 million of its common stock in an underwritten public offering, with a potential additional 15% option for underwriters [1][2] Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding its completion or terms [1] - RBC Capital Markets is acting as the sole bookrunner for the offering [2] - The net proceeds will be used for general corporate purposes, including working capital and research expenses [2] Group 2: Regulatory Information - The securities are being offered under a shelf registration statement filed with the SEC on May 6, 2024, and declared effective on May 22, 2024 [3] - A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC and available on their website [4] Group 3: Company Overview - CorMedix is focused on developing therapeutic products for life-threatening conditions, with its lead product DefenCath® approved by the FDA on November 15, 2023 [6] - DefenCath was commercially launched in inpatient settings in April 2024 and in outpatient settings in July 2024 [6] - The company plans to commence clinical studies in Total Parenteral Nutrition and Pediatric populations in 2025 [6]
CorMedix Inc. To Participate In The Jefferies Global Healthcare Conference
GlobeNewswire News Room· 2025-05-30 12:30
Company Overview - CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions [3] - The company is commercializing its lead product DefenCath® (taurolidine and heparin), which was approved by the FDA on November 15, 2023 [3] - DefenCath was commercially launched in inpatient settings in April 2024 and in outpatient settings in July 2024 [3] Upcoming Events - CorMedix will participate in the Jefferies Global Healthcare Conference in New York from June 3 to June 5, 2025 [1] - The presentation at the conference is scheduled for June 5, 2025, at 3:45 p.m. EDT [2] Future Developments - The company is commencing clinical studies in adult Total Parenteral Nutrition (TPN) patients and pediatric hemodialysis (HD) patient populations in 2025 [3] - CorMedix intends to develop DefenCath as a catheter lock solution for use in other therapeutic areas [3]
CorMedix Inc. to Report First Quarter 2025 Financial Results and Provide a Corporate Update on May 6, 2025
GlobeNewswire News Room· 2025-04-29 12:30
Core Insights - CorMedix Inc. will report its financial results for Q1 2025 on May 6, 2025, before market opens [1] - The company will host a corporate update conference call at 8:30 AM ET on the same day [2] Company Overview - CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases [2] - The company's lead product, DefenCath® (taurolidine and heparin), received FDA approval on November 15, 2023 [2] - DefenCath was commercially launched in inpatient settings in April 2024 and in outpatient settings in July 2024 [2] - CorMedix plans to commence clinical studies in Total Parenteral Nutrition and Pediatric patient populations in 2025 [2] - The company also intends to develop DefenCath as a catheter lock solution for other patient populations [2]