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CorMedix Rallies 60% YTD: Is This an Indication to Buy the Stock?
CorMedixCorMedix(US:CRMD) ZACKS·2025-09-15 23:31

Key Takeaways CorMedix stock is up 59.7% YTD, fueled by strong uptake of its FDA-approved drug DefenCath.DefenCath posted 78.8MinH12025revenues,withfullyearsalesnowguidedto78.8M in H1 2025 revenues, with full-year sales now guided to 200-215M.CRMDs215M.CRMD's 300M Melinta buy adds seven drugs, pushing 2025 pro forma revenue outlook to 325325-350M.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 ...