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Can CorMedix's Melinta Acquisition Aid Growth Beyond DefenCath?
ZACKS· 2025-12-26 15:15
Key Takeaways CRMD acquired Melinta for $300M, adding seven marketed products to its commercial portfolio.CRMD saw $12.8M in Q3 2025 revenues from Melinta products as it diversifies beyond DefenCath.CorMedix eyes near-term growth from Rezzayo, with a $2B-plus antifungal prophylaxis market.CorMedix (CRMD) took a major step to diversify its revenue base and lessen reliance on its lead marketed product, DefenCath (Taurolidine + Heparin), by acquiring Melinta Therapeutics for $300 million in August 2025. The de ...