Announced

CorMedix to acquire Melinta Therapeutics from Deerfield Management Company for $325m.

Synopsis

CorMedix, a public biopharma company, agreed to acquire Melinta Therapeutics, a commercial-stage biopharmaceutical company, from Deerfield Management Company, a private equity firm, for $325m. “This acquisition represents a milestone achievement for Melinta and validates our position as a recognized leader in acute care. I'm incredibly proud of our accomplishments. Through our talented team's dedication, we have undergone an extraordinary transformation to build a highly sought-after commercialization platform with sustainable growth and profitability. By joining forces with CorMedix, we're creating a stronger organization that will accelerate both our mission to provide innovative therapies to people impacted by acute and life-threatening illnesses and our vision that all patients who need our therapies receive them,” Christine Ann Miller, Melinta Therapeutics CEO.

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