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CorMedix Inc. to acquire Assets of Heron Therapeutics, Inc.

PUBLIC · CRMDNov 10, 2026

Acquiring Company

CorMedix

Acquired Company

Heron Therapeutics

Berkeley HeightsSan DiegoBiotechnologyHealth CareTherapeutics

Description

On November 9, 2026, CorMedix Inc. announced the execution of a definitive asset purchase agreement to acquire substantially all of the assets of Heron Therapeutics, Inc. This strategic move was disclosed during a conference call and webcast for investors. The transaction is expected to enhance CorMedix's product portfolio and capabilities.

Quick answer

CorMedix is acquiring Heron Therapeutics, announced November 10, 2026. CorMedix is based in Berkeley Heights, New Jersey, United States.

How much did CorMedix pay for Heron Therapeutics?
The deal value was not disclosed.
What does CorMedix do?
CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases.
Where are CorMedix and Heron Therapeutics based?
CorMedix is based in Berkeley Heights, New Jersey, United States. Heron Therapeutics is based in San Diego, California, United States.
Who are the decision-makers at CorMedix?
Fundz holds 1 contact at CorMedix. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

CorMedix

Location

Berkeley Heights, New Jersey, United States

About

CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases. The Company is focused on developing its lead product DefenCath®, a novel, non-antibiotic antimicrobial solution designed to prevent costly and life-threatening bloodstream infections associated with the use of central venous catheters in patients undergoing chronic hemodialysis. DefenCath has been designated by FDA as Fast Track and as a Qualified Infectious Disease Product (QIDP), and the original New Drug Application (NDA) received priority review in recognition of its potential to address an unmet medical need. DefenCath was approved by the FDA on November 15, 2023 and the Company has indicated an estimated initial launch in 1Q 2024. CorMedix also intends to develop DefenCath as a catheter lock solution for use in other patient populations, and the Company is working with top-tier researchers to develop taurolidine-based therapies for rare pediatric cancers. For more information visit: www.cormedix.com.

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Frequently asked

Who acquired Heron Therapeutics?

Heron Therapeutics was acquired by CorMedix, based in Berkeley Heights. The deal was reported on November 10, 2026. CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases. CorMedix is publicly traded (CRMD) and operates in Biotechnology.

When did CorMedix acquire Heron Therapeutics?

CorMedix's acquisition of Heron Therapeutics was reported on November 10, 2026. On November 9, 2026, CorMedix Inc. announced the execution of a definitive asset purchase agreement to acquire substantially all of the assets of Heron Therapeutics, Inc. This strategic move was disclosed during a conference call and webcast for investors. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Heron Therapeutics do?

At Heron, we aim to advance the therapeutic standard of care for patients through a portfolio of best-in-class therapies to deliver medicines that matter. It is privately held, and is based in San Diego.

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