CRMD Stock Up as Q2 Earnings & Sales Beat on DefenCath, Melinta Gains
CorMedix shares rose 15% after the company reported second-quarter earnings and revenues that beat estimates, driven by solid utilization of DefenCath and contributions from the Melinta portfolio.
Why it matters — The earnings and revenue beat, aided by DefenCath utilization and Melinta contributions, signals improving commercial performance for CorMedix that CRMD watchers would note.