CorMedix Acquires Melinta Therapeutics for $300 Million

August 7, 2025

CorMedix Inc. has entered into a definitive agreement to acquire Melinta Therapeutics, paying $300 million upfront (including $260 million cash and $40 million in CorMedix equity to Melinta shareholders), plus up to $25 million in a regulatory milestone and tiered royalties. The deal is expected to close in September, subject to customary closing conditions and U.S. regulatory approval.

Buyers
CorMedix Inc.
Targets
Melinta Therapeutics, LLC
Sellers
Affiliates of Deerfield Management Company, L.P.
Industry
Biotechnology
Location
New Jersey, United States
Transaction Type
Buyout

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