FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Gelbfish Gary A. 2. Date of Event Requiring Statement (Month/Day/Year) 03/24/2010 3. Issuer Name and Ticker or Trading Symbol CorMedix Inc. [CRMD] (Last) (First) (Middle) C/O CORMEDIX INC., 86 SUMMIT AVENUE, SUITE 301 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) SUMMIT, NJ 079013647 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
8% Convertible Notes	  (1)	  (1)	Common Stock, $0.001 par value per share	165,366	$ (1)	D (2)	Â
8% Convertible Notes	  (1)	  (1)	Common Stock, $0.001 par value per share	70,871	$ (1)	I	By Landmark Charity Foundation (3)
8% Noteholder Warrants	  (4)	10/29/2016	Common Stock, $0.001 par value per share	67,200	$ 3.4375	D (5)	Â
8% Noteholder Warrants	  (4)	10/29/2016	Common Stock, $0.001 par value per share	28,800	$ 3.4375	I	By Landmark Charity Foundation (3)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Gelbfish Gary A. C/O CORMEDIX INC. 86 SUMMIT AVENUE, SUITE 301 SUMMIT, NJ 079013647	  X	Â	Â	Â

Signatures

/s/ Gelbfish, Gary A.		03/29/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The outstanding principal amount of the 8% Convertible Notes, and all accrued interest thereon, will automatically convert into shares of common stock at a conversion price of $2.1875 per share upon the consummation of the Company's initial public offering.
(2)	Includes 8% Convertible Notes held by Dr. Gelbfish and his wife, jointly, that are convertible into 94,495 shares of common stock, and 8% Convertible Notes held by Dr. Gelbfish as custodian for certain of his children that are convertible into 70,871 shares of common stock.
(3)	Dr. Gelbfish and his wife are trustees of Landmark Charity Foundation.
(4)	These warrants will become exercisable upon the consummation of the Company's initial public offering.
(5)	Includes 8% Noteholder Warrants held by Dr. Gelbfish and his wife, jointly, that are exercisable for 38,400 shares of common stock, and 8% Noteholder Warrants held by Dr. Gelbfish as custodian for certain of his children that are exercisable for 28,800 shares of common stock.

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