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CorMedix
CorMedix (CRMD) investor relations material
CorMedix Investor Day 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Day 2026 summary10 Feb, 2026
Strategic direction and portfolio evolution
Completed acquisition of Melinta Therapeutics, expanding the portfolio with synergistic acute care assets and driving 2025 pro forma revenue above $400 million.
Transitioned from a single-indication company to a diversified specialty pharma with multiple marketed products and a robust development pipeline.
Focused on organic growth, new indications, and leveraging a dynamic institutional platform for future expansion.
Positioned for continued value creation through strategic business development and financial flexibility.
Financial guidance and performance
FY 2025 pro forma net revenue exceeded $400 million, with DefenCath contributing ~$260 million during its peak TDAPA period.
FY 2026 revenue guidance is $300–320 million, with adjusted EBITDA expected at $100–125 million.
FY 2026 DefenCath sales projected at $100–140 million, rebounding in 2027 with increased add-on payments and demand.
Cash and short-term investments at year-end 2025 totaled $148 million, with $150 million in convertible debt.
Pipeline and new business developments
REZZAYO (rezafungin) launched in 2023 for candidemia/invasive candidiasis, targeting a $250–350 million market.
Ongoing Phase 3 RESPECT study for REZZAYO prophylaxis in allogeneic BMT patients, with data expected in Q2 2026 and a >$2 billion addressable market.
DefenCath TPN targets a $500–750 million market, with a Phase 3 NUTRI-GUARD study ongoing to reduce CLABSI in TPN patients.
Multiple late-stage and preclinical programs in pipeline, including expansion into prophylaxis and pediatric hemodialysis.
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Next CorMedix earnings date
Q4 202525 Mar, 2026
CorMedix
Next CorMedix earnings date
Q4 202525 Mar, 2026
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Frequently asked questions
CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infections and other complications associated with the use of catheters in dialysis and other medical settings. The company's lead product, Defencath, is an anti-infective solution designed to reduce the risk of catheter-related bloodstream infections. CorMedix is dedicated to addressing unmet medical needs in infection prevention and enhancing patient care. The company is headquartered in Berkeley Heights, New Jersey, and its shares are listed on the NASDAQ.
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