CorMedix Strengthens Market Presence with New Supply Contract
CorMedix Inc. Strengthens Its Market Position
CorMedix Inc., a dynamic biopharmaceutical company, is excited to share the details of a significant development that positions it strongly in the market. The company has secured a new commercial supply contract with a prominent mid-sized dialysis operator. This agreement will enable the widespread distribution of DefenCath (taurolidine and heparin) to dialysis clinics across the country. It aims to enhance access for adults suffering from kidney failure who are undergoing hemodialysis through a central venous catheter.
Enhancing Patient Care with DefenCath
This contract represents a monumental step in delivering DefenCath, a vital product designed to combat catheter-related bloodstream infections (CRBSI) in patients requiring chronic hemodialysis. With this new partnership, over 250 outpatient dialysis centers in the United States will be equipped to provide DefenCath to those in need. It is anticipated that shipments will commence at the beginning of the fourth quarter, making this life-saving solution readily available to patients.
Recent Product Approvals and Market Readiness
CorMedix Inc. has made remarkable strides since receiving NDA approval for DefenCath under the Limited Population Pathway for Antibacterial and Antifungal Drugs. Following its FDA approval, the product became commercially available in inpatient settings and is now extending into outpatient facilities. The reimbursement from the Center for Medicare & Medicaid Services (CMS) for outpatient use further paves the way for greater accessibility and distribution.
Statements from Leadership
Joseph Todisco, the CEO of CorMedix, expresses optimism about this development. He states, "We've made great progress over the last few months in terms of operationalizing existing customers as well as signing new agreements with top-tier dialysis providers in the US. I am excited by the trajectory we are seeing for product utilization with early adopters and optimistic about the potential for utilization under these new relationships." This highlights the company’s commitment to growth and improved patient outcomes.
Important Safety Information
While DefenCath is critical for patient health, it’s essential to understand the safety parameters associated with its use. The drug is specifically indicated to reduce the incidence of infections related to catheters for adult patients undergoing chronic hemodialysis. However, it is contraindicated for patients with known heparin-induced thrombocytopenia (HIT) and those with hypersensitivity to its components.
Using DefenCath
The administration of DefenCath should always be overseen by healthcare professionals to mitigate any potential risks. Should any adverse effects occur, discontinuation of the treatment and appropriate supportive measures are advised. Patients or caregivers noticing any safety concerns are encouraged to contact CorMedix directly or report to the FDA.
More About CorMedix.
CorMedix Inc. remains dedicated to advancing therapeutic solutions for the prevention and treatment of challenging conditions. The company’s lead product, DefenCath, reflects its commitment to innovation and enhancing treatment protocols for kidney failure patients. CorMedix not only seeks to bolster its current product offerings but also aims to explore further applications of DefenCath for other patient populations.
Frequently Asked Questions
What is CorMedix Inc. known for?
CorMedix Inc. is a biopharmaceutical company focused on developing therapeutic products for life-threatening conditions, notably the product DefenCath.
What is DefenCath used for?
DefenCath is indicated to reduce the incidence of catheter-related bloodstream infections in patients undergoing chronic hemodialysis.
When will the new supply of DefenCath begin?
Shipments of DefenCath under the new commercial agreement are expected to start at the beginning of the fourth quarter.
Where will DefenCath be available?
DefenCath will be available at more than 250 outpatient dialysis clinics across the United States as part of the new supply contract.
How can safety concerns regarding DefenCath be reported?
Safety concerns or suspected adverse reactions can be reported to CorMedix at 1-888-424-6345 or to the FDA at 1-800-FDA-1088.
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