Added to YB: 2025-06-09
Pitch date: 2025-06-05
CRMD [bullish]
CorMedix Inc.
+4.41%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States.
Market Cap
$893.9M
Pitch Price
$13.39
Price Target
N/A
Dividend
N/A
Sector
Pharmaceuticals
Category
growth
Show full summary:
The 10 Bagger - CorMedix (CRMD)
CRMD: DefenCath, FDA-approved catheter lock solution w/ taurolidine, reduces catheter-related bloodstream infections by 71%. TAM 170k patients, contracts covering 70% of market. Worst case: $1.8B terminal value at 10% penetration (10k patients) & severe price erosion ($50/vial). TDAPA phase started July 2024, RWE data due next month.
Read full article (8 min)