CorMedix Inc. (NASDAQ:CRMD) Q3 2024 Earnings Call October 30, 2024 8:30 AM ET

Company Participants

Dan Ferry - Investor Relations
Joe Todisco - Chief Executive Officer
Matt David - Executive Vice President and Chief Financial Officer
Beth Zelnick Kaufman - Executive Vice President and Chief Legal Officer
Liz Hulburt - Executive Vice President and Chief Clinical Strategy and Operations Officer
Erin Mistry - Executive Vice President and Chief Commercial Officer

Conference Call Participants

Jason Butler - Citizens JMP
Gregory Renza - RBC Capital
Brandon Folkes - Rodman & Renshaw
Les Sulewski - Truist Securities
Serge Belanger - Needham & Company

Operator

Good day and welcome to the CorMedix Inc. Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded. I’d now like to turn the conference over to Dan Ferry of LifeSci Advisors. Please go ahead.

Dan Ferry

Thanks, operator. Good morning and welcome to the CorMedix third quarter 2024 earnings conference call. Leading the call today is Joe Todisco, Chief Executive Officer of CorMedix. He is joined by Dr. Matt David, Executive Vice President and CFO; Beth Zelnick Kaufman, EVP and Chief Legal Officer; Liz Hulburt, EVP and Chief Clinical Strategy and Operations Officer; and Erin Mistry, EVP and Chief Commercial Officer.

Before we begin, I would like to remind everyone that during the call, management may make what are known as forward-looking statements within the meaning set forth in the Private Securities Litigation Reform Act of 1995. These statements are statements other than statements of historical facts regarding management’s expectations, beliefs, goals and plans about the company’s prospects and future financial position.

Actual results may differ materially from the estimates and projections on which these statements are based due to a variety of important factors, including the risks and uncertainties described in greater detail in CorMedix’s filings with the SEC, which are available free of charge at the SEC’s website or upon request from CorMedix. CorMedix may not actually achieve the goals or plans described in these forward-looking statements and investors should not place undue reliance on these statements. CorMedix does not intend to update these forward-looking statements, except as required by law.

At this time, it is now my pleasure to turn the call over to Joe Todisco, Chief Executive Officer of CorMedix. Joe, please go ahead.

Joe Todisco

Thanks, Dan. Good morning, everyone and thank you for joining the call. As we approach the end of our first calendar year of commercial launch of DefenCath, I am incredibly proud of the team’s efforts and pleased with the commercial results thus far. The third quarter marks the first full quarter of product shipments of DefenCath, as well as the first quarter of outpatient product utilization.