Monday, September 22, 2014

CorMedix, Inc. (CRMD) Neutrolin® Label Expansion Approved for the European Union

Today, CorMedix announced its request for a label expansion for Neutrolin®, its catheter lock solution, had been approved by TUV-SUD and The Medicinal Evaluation Board of the Netherlands (MEB). Neutrolin® was initially approved in July 2013 for use in the prevention of catheter-related bloodstream infections (CRBI) and maintenance of catheter patency in hemodialysis patients using a tunneled, cuffed central venous catheter for vascular access.

CorMedix’s label expansion extended approval for three elements:

•           Approval for additional indications for use in oncology patients receiving chemotherapy, IV hydration, and IV medications via central venous catheters
•           Approval for patients receiving medication and IV fluids via central venous catheters in intensive or critical care units (cardiac care unit, surgical care unit, neonatal critical care unit, and urgent care centers)
•           Approval for an additional indication for use in total parenteral nutrition

CorMedix anticipates this will lead to additional critically ill patients benefiting from the expanded use of Neutrolin® to prevent infection and thrombosis. The active anti-infective ingredient in Neutrolin® is taurolidine, which has efficacy against both common and resistant forms of bacteria and fungi. Despite a long history of clinical use, development of resistance has not been observed.

Randy Milby, Chief Executive Officer and Dr. Antony Pfaffle, Chief Scientific Officer of CorMedix, stated, “We are very pleased with the label expansion and the extended ability to treat patients with urgent medical needs. We thank the regulatory authorities and our regulatory advisors for their cooperation in achieving this significant milestone.”

CorMedix Inc. is a commercial-stage pharmaceutical company that seeks to in-license, develop and commercialize therapeutic products for the prevention and treatment of cardiac, renal and infectious diseases. CorMedix’s first commercial product in Europe is Neutrolin®, a catheter lock solution for the prevention of catheter related bloodstream infections and maintenance of catheter patency in tunneled, cuffed, central venous catheters used for vascular access in hemodialysis patients, in addition to oncology patients, critical care patients including neonates, and patients receiving total parenteral nutrition, IV hydration, and/or IV medications.

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