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CorMedix Inc. Announces CMS Grants Pass-Through Status to Defencath
Newsfilter· 2024-06-06 20:30
BERKELEY HEIGHTS, N.J., June 06, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life- threatening diseases and conditions, today announced that the Center for Medicare & Medicaid Services (CMS) has determined that DefenCath® qualifies for pass-through status under the hospital Out-Patient Prospective Payment System (OPPS). Pass-through status provides for separate payment under Medicare Part B for the util ...
CorMedix Inc. Announces CMS Grants Pass-Through Status to Defencath
GlobeNewswire News Room· 2024-06-06 20:30
BERKELEY HEIGHTS, N.J., June 06, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life- threatening diseases and conditions, today announced that the Center for Medicare & Medicaid Services (CMS) has determined that DefenCath® qualifies for pass-through status under the hospital Out-Patient Prospective Payment System (OPPS). Pass-through status provides for separate payment under Medicare Part B for the util ...
CorMedix(CRMD) - 2024 Q1 - Earnings Call Transcript
2024-05-12 05:48
财务数据和关键指标变化 - 公司第一季度净亏损约1450万美元,每股亏损0.25美元,而2023年同期为1060万美元,每股亏损0.24美元 [8] - 运营费用同比增加44%至1590万美元,主要由于销售、市场营销和医疗事务人员的增加 [8][9] - 研发费用下降约75%至80万美元,因为DefenCath获批后,之前计入研发的一些医疗事务和人员费用现已转入销售费用 [8] - 公司现金及现金等价物为5860万美元 [9] 各条业务线数据和关键指标变化 - 公司已开始在住院市场推广DefenCath,已有约50家主要医院推荐DefenCath进行处方审核 [3][4] - 公司计划于7月1日开始在门诊市场推广DefenCath,已与ARC Dialysis达成首个门诊采购合同,并正在与其他8家前10大透析服务商进行商业谈判 [4][5] 各个市场数据和关键指标变化 - 公司将重点瞄准约900家医院,占美国住院透析量的65% [3] - 公司预计第二季度住院市场销售不会有重大贡献,随着推广进程将逐步增加 [4] - 公司正在与医疗保险优势计划就额外报销事宜进行沟通,希望看到住院市场的需求增长 [14] 公司战略和发展方向及行业竞争 - 公司正在寻求扩大DefenCath适应症,已向FDA提交会议申请,讨论拓展至全肠外营养和肿瘤等适应症的可能性 [6][7] - 公司正在采取措施降低对单一生产商的依赖,已向FDA提交补充申请,增加Siegfried Hameln作为备用生产商 [7] - 公司正在关注潜在的并购和业务发展机会,以利用现有的商业基础拓展产品线 [18] 管理层对经营环境和未来前景的评论 - 公司预计2024年每季度运营费用将在1500万至1800万美元之间,以支持商业化基础设施建设和DefenCath的持续推广 [9] - 公司相信现有现金储备和未来经营现金流可为公司提供至少12个月的运营资金,并有望在2024年底前实现按季度盈亏平衡 [9] - 公司正在采取谨慎的现金管理措施,包括与大型贷款机构签订25亿美元的循环信贷额度,为未来潜在的资本需求提供灵活性 [5][16]
CorMedix Inc. to Participate in Two Upcoming Investor Conferences
GlobeNewsWire· 2024-05-10 20:30
BERKELEY HEIGHTS, N.J., May 10, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life- threatening diseases and conditions, today announced that management will be participating in fireside chats and investor meetings at both the JMP Securities Life Sciences Conference being held in New York on May 13 – 14, 2024 and the 2024 RBC Capital Markets Global Healthcare Conference being held in New York on May 14 – ...
CorMedix(CRMD) - 2024 Q1 - Quarterly Report
2024-05-09 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 001-34673 CORMEDIX INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 20-5894890 (State or Other Ju ...
CorMedix(CRMD) - 2024 Q1 - Quarterly Results
2024-05-09 19:40
Exhibit 99.1 CORMEDIX INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE Conference Call Scheduled for Today at 8:30 a.m. Eastern Time Berkeley Heights, NJ – May 9, 2024 – CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions, today announced financial results for the first quarter ended March 31, 2024 and provided an update on its business. Recent Corporate Highlights: ...
CorMedix Inc. To Report First Quarter 2024 Financial Results and Provide a Corporate Update on May 9, 2024
Newsfilter· 2024-05-06 20:30
BERKELEY HEIGHTS, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (NASDAQ:CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life- threatening diseases and conditions, today announced that it will report its financial results for the first quarter ended March 31, 2024, before the market opens on Thursday, May 9, 2024, and will host a corporate update conference call at 8:30am Eastern Time. Thursday, May 9th @ 8:30am ET Domestic: 1-888-886-7786 Internat ...
Does CorMedix (CRMD) Have the Potential to Rally 135.51% as Wall Street Analysts Expect?
Zacks Investment Research· 2024-05-02 22:55
CorMedix (CRMD) closed the last trading session at $5.52, gaining 33.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13 indicates a 135.5% upside potential. The mean estimate comprises four short-term price targets with a standard deviation of $4.55. While the lowest estimate of $9 indicates a 63% increase from the current price level, the most optimistic analyst expects the st ...
CorMedix Inc. Announces U.S. Inpatient Commercial Availability of DefenCath® (Taurolidine and Heparin)
Newsfilter· 2024-04-15 20:30
BERKELEY HEIGHTS, N.J., April 15, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (NASDAQ:CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life- threatening diseases and conditions, today announced DefenCath® (taurolidine and heparin) catheter lock solution (CLS) is now commercially available for U.S. inpatient use. DefenCath (taurolidine and heparin) is approved by the U.S. Food and Drug Administration (FDA) to reduce the incidence of catheter-related bloodstream ...
Wall Street Analysts Predict a 146.21% Upside in CorMedix (CRMD): Here's What You Should Know
Zacks Investment Research· 2024-04-11 22:55
CRMD股价表现 - CorMedix (CRMD)股价在过去四周上涨了35.4%,收盘价为$5.28[1] - 根据华尔街分析师的短期价格目标,平均估值为$13,显示潜在上涨空间为146.2%[2] CRMD公司盈利展望 - 分析师对CRMD公司未来盈利表现的乐观态度加强了对其潜在上涨的看法[4] - 盈利预期修订的积极趋势被证明是预测上涨的有力指标[9] CRMD股价走势分析 - 分析师对股价走势的高度一致性,即低标准差,表明他们对股价运动的方向和幅度有很高的一致性[7]