CorMedix Rallies 60% YTD: Is This an Indication to Buy the Stock?

Key Takeaways CorMedix stock is up 59.7% YTD, fueled by strong uptake of its FDA-approved drug DefenCath.DefenCath posted 200-300M Melinta buy adds seven drugs, pushing 2025 pro forma revenue outlook to 350M.Shares of CorMedix (CRMD) have soared 59.7% in the year-to-date period. This stock price rally is attributable to significant investor confidence regarding the strong uptake of the company’s lead marketed drug, DefenCath ...