CorMedix Inc

$8.67
Market Cap 685.37M
ROE 50.4%
Gross Margin 82.5%
Debt/Equity 0.3
Current Ratio 3.0
Revenue QoQ 226.1%
EPS QoQ 0.5%
F-Score 0

About

CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases. The Company is focused on commercializing its lead product DefenCath ® (taurolidine and heparin) which was approved by the FDA on November 15, 2023. CorMedix commercially launched DefenCath in inpatient settings in April 2024 and in outpatient settings in July 2024. CorMedix is commencing clinical studies in adult Total Parenteral Nutrition (TPN) patients and pediatric hemodialysis (HD) patient populations in 2025 and also intends to develop DefenCath as a catheter lock solution for use in other therapeutic areas.

Exchange
NASDAQ
Sector
Healthcare
Industry
Biotechnology

Sector context

Healthcare

Undervalued

Trading at a discount to sector peers

P/E
3.82
vs median 32.28
P/B
1.58
vs median 2.77
ROE
0.50
vs median 0.12

Lower quality - review fundamentals carefully

Small-cap company with higher volatility

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