CRMD - CorMedix Inc. Announces Commercial Agreement With ARC Dialysis LLC | Benzinga
BERKELEY HEIGHTS, N.J., April 08, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (NASDAQ:CRMD), a biopharmaceutical company focused on developing therapeutic products for life-threatening diseases and conditions, today announced that it has entered into a 5-year commercial supply contract with Florida-based dialysis provider, ARC Dialysis, LLC for the supply of DefenCath® (taurolidine and heparin).
CorMedix received NDA approval of DefenCath® under the Limited Population Pathway for Antibacterial and Antifungal Drugs (LPAD) on November 15, 2023, and expects to begin commercialization of the product in the inpatient setting on April 15th. CorMedix is committed to building meaningful long-term relationships with dialysis providers that are dedicated to innovation and infection reduction. ARC Dialysis, a Miami-based medium-sized dialysis organization, provides inpatient dialysis services to approximately 100 inpatient facilities, and is the operator of 18 outpatient dialysis units throughout Florida.
"We are thrilled that ARC Dialysis, a Joint Commissioned Accredited Kidney Care Provider, has decided to implement DefenCath throughout their organization as a preventative measure against infections for patients on hemodialysis with a CVC," says CorMedix CEO, Joseph Todisco. "ARC's mission is closely aligned with DefenCath's value proposition and ...