CorMedix Inc. is an emerging commercial-stage biopharmaceutical company that initiated a Phase III clinical study of a novel anti-infective solution, Neutrolin in hemodialysis patients in the United States in December 2015. The Company seeks to in-license, develop and commercialize therapeutic products for the prevention and treatment of infectious and inflammatory diseases. CorMedix's first commercial product in Europe is Neutrolin®, a catheter lock solution for the prevention of catheter related bloodstream infections and maintenance of catheter patency in tunneled, cuffed, central venous catheters used for vascular access in hemodialysis patients, in addition to oncology patients, critical care patients, and patients receiving total parenteral nutrition, IV hydration, and/or IV medications. The FDA has granted Fast Track status to Neutrolin Catheter Lock Solution and also had designated Neutrolin as a Qualified Infectious Disease Product for oncology, hemodialysis, and critical care/intensive care patients, where catheter-related blood stream infections and clotting can be life-threatening. The initial and planned indications aim to address significant needs in catheter-based treatments in the U.S. and the rest of the world.

Bedminster Township, US
Size (employees)
9 (est)
CorMedix was founded in 2006 and is headquartered in Bedminster Township, US

CorMedix Office Locations

CorMedix has an office in Bedminster Township
Bedminster Township, US (HQ)
200 1430 Us 206

CorMedix Data and Metrics

CorMedix Financial Metrics

CorMedix's revenue was reported to be $224.1 k in 2016
Numbers are in $, USD

Revenue (Y, 2016)

224.1 k

Revenue growth (Y, 2015 - Y, 2016), %


Gross profit (Y, 2016)

(142.6 k)

Gross profit margin (Y, 2016), %


Net income (Y, 2016)

(24.6 m)

EBIT (Y, 2016)

(24.8 m)

Market capitalization (26-May-2017)

17.3 m

Closing share price (26-May-2017)


Cash (31-Dec-2016)

8.1 m
CorMedix's current market capitalization is $17.3 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015Y, 2016


2 k189.3 k210.1 k224.1 k

Revenue growth, %


Cost of goods sold

201.6 k445.8 k318.7 k366.7 k

Gross profit

(199.6 k)(256.5 k)(108.6 k)(142.6 k)

Gross profit Margin, %


Operating expense total

4.7 m8.6 m16.5 m24.6 m


(4.9 m)(8.9 m)(16.7 m)(24.8 m)

EBIT margin, %


Interest expense

1.3 k

Interest income

6682.7 k60.4 k126.8 k

Pre tax profit

(9.1 m)

Net Income

(55.4 m)(20.5 m)(18.2 m)(24.6 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


2.4 m4.3 m11.8 m8.1 m

Accounts Receivable


80 k

Current Assets

2.9 m5 m37.1 m21.8 m


36.1 k41.5 k37.9 k69.7 k

Total Assets

3 m5.1 m37.1 m21.9 m

Accounts Payable

939.8 k893.4 k1.7 m1.6 m

Current Liabilities

1.7 m1.4 m3.1 m4.1 m

Additional Paid-in Capital

51.7 m79.7 m128.3 m136.9 m

Retained Earnings

(76.2 m)(94.4 m)(119.2 m)

Total Equity

(4 m)3.6 m34 m17.8 m

Financial Leverage

-0.7 x1.4 x1.1 x1.2 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(9.1 m)(20.5 m)(18.2 m)(24.6 m)

Accounts Receivable


80 k

Accounts Payable

939.8 k893.4 k1.7 m1.6 m
Numbers are in $, USDY, 2016


24.9 k

Financial Leverage

1.2 x

CorMedix Market Value History

CorMedix Online and Social Media Presence

CorMedix Company Life and Culture

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