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CorMedix projects 613% sales growth for 2025, positioning it as a potentially stronger investment than Puma Biotechnology, whose stock has rallied 66.7% on weaker fundamentals.
CorMedix has acquired Melinta Therapeutics for $300 million, a strategic move to diversify its product portfolio beyond its primary revenue driver, DefenCath. The acquisition leverages strong sales performance and reflects a broader trend of targeted M&A across the pharmaceutical and medical technology sectors.