FeesSafety
Pluang+

CorMedix reaffirms 2026 revenue guidance and reports $355M cash as CMS sets higher 2027 dialysis payment add-on.

Company Fundamentals
02 Nov 2026, 14:30 WIB
GlobeNewsWire
View Source
Bullish
CorMedix reaffirms 2026 revenue guidance and reports $355M cash as CMS sets higher 2027 dialysis payment add-on.

CorMedix Therapeutics announced it holds approximately $355 million in cash as of September 30, 2026, and reaffirmed its full-year 2026 revenue guidance of $325-$345 million. The company highlighted the CMS 2027 End-Stage Renal Disease payment rule, which sets a higher add-on payment for its DefenCath product at $8.32 per dialysis session in Q1 2027, significantly above the current $2.37 rate. CorMedix expects fluctuations in the add-on rate throughout 2027 but anticipates the average will be more than double the current rate. A conference call is scheduled for November 12, 2026, to discuss detailed financial results and updates.

CorMedix Therapeutics' recent business update provides context for health sector activity on Pluang. For readers following health stocks, here is Pluang's market snapshot as of Nov 02, 2026 19:21 WIB: out of 150 priced US health-sector stocks, 82 rose and 47 fell today. Notable movers include IDEXX Laboratories, Inc. (IDXX) at USD 585.99 with a 6.31% increase and a typical hold time of 47 days, Cassava Sciences Inc (FLNA) at USD 0.66 up 6.11% with a 39-day hold, and Ginkgo Bioworks Holdings Inc (DNA) at USD 11.79 rising 4.99% with a 9-day hold time.

More News

Deadlines set for lead plaintiff in class actions against Tigo Energy, Fluence Energy, and Anavex Life Sciences

Deadlines set for lead plaintiff in class actions against Tigo Energy, Fluence Energy, and Anavex Life Sciences

Holzer & Holzer, LLC announced deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against Tigo Energy, Fluence Energy, and Anavex Life Sciences. The lawsuits allege these companies made false or misleading stat...

Market News
Bearish
47 minutes ago
Heineken repurchases 9.5 million shares worth €679 million in latest buyback tranche

Heineken repurchases 9.5 million shares worth €679 million in latest buyback tranche

Heineken N.V. has repurchased a total of 9,510,681 shares under the second tranche of its €1.5 billion share buyback program, spending €679.2 million as of October 30, 2026. The company bought 159,700 shares on the exchange and 160,530 shares from He...

Company Fundamentals
Neutral
47 minutes ago
Alvotech to present at multiple investor conferences in November 2026.

Alvotech to present at multiple investor conferences in November 2026.

Alvotech, a global biotech company specializing in biosimilars, announced its management team will participate in several investor conferences in November 2026, including events in London, Oslo, and Stockholm. These presentations and fireside chats w...

Market News
Neutral
47 minutes ago
Alvotech to present at multiple investor conferences in November 2026

Alvotech to present at multiple investor conferences in November 2026

Alvotech, a global biotech company specializing in biosimilar medicines, announced its management team will participate in several investor conferences throughout November 2026. These include events in London, Oslo, and Stockholm, featuring presentat...

Market News
Neutral
47 minutes ago
Alvotech to present at four major investor conferences in November across Europe.

Alvotech to present at four major investor conferences in November across Europe.

Alvotech, a global biotechnology company specializing in biosimilar medicines, will participate in four international investor conferences in November held in the UK, Norway, and Sweden. These events include presentations and analyst discussions host...

Market News
Neutral
47 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App