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BRIEF-CorMedix To Acquire Melinta Therapeutics, Creating Diversified Specialty Company With Strong Presence In Acute Care Settings
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BRIEF-CorMedix To Acquire Melinta Therapeutics, Creating Diversified Specialty Company With Strong Presence In Acute Care Settings
Aug 7, 2025 5:59 AM

Aug 7 (Reuters) - CorMedix Inc ( CRMD ):

* CORMEDIX TO ACQUIRE MELINTA THERAPEUTICS, CREATING

DIVERSIFIED

SPECIALTY COMPANY WITH STRONG PRESENCE IN ACUTE CARE SETTINGS

* CORMEDIX TO ACQUIRE MELINTA THERAPEUTICS, CREATING

DIVERSIFIED

SPECIALTY COMPANY WITH STRONG PRESENCE IN ACUTE CARE SETTINGS

* CORMEDIX INC ( CRMD ) - SELLING SHAREHOLDERS TO RECEIVE $300

MILLION

INCLUDING $40 MILLION EQUITY

* CORMEDIX INC ( CRMD ) - DEAL EXPECTED TO BE NEAR-TERM ACCRETIVE TO

EPS

WITH DOUBLE-DIGIT ACCRETION EXPECTED IN 2026

* CORMEDIX INC ( CRMD ): ANNUAL RUN-RATE SYNERGIES EXPECTED TO BE

ABOUT $35

TO $45 MILLION

* CORMEDIX INC ( CRMD ) - PRO FORMA 2025 COMBINED REVENUES ESTIMATED

AT

$305-$335 MILLION

* CORMEDIX INC ( CRMD ) - TO PAY $300 MILLION UPFRONT

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