SurModics Inc - Company Profile
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SurModics Inc (SurModics) is a provider of in vitro diagnostic (IVD) and medical device technologies to healthcare sector. The company offers a wide range of advanced balloon catheter, thrombectomy, surface modification coatings and ultra-thin-walled catheter technologies to advance new medical devices, biomedical products and enhance existing devices. SurModics also sells components such as protein stabilizers, antigens, antibodies, surface coatings and substrates for molecular tests and IVD immunoassays. The company commercializes its technologies through license and royalty agreements with other medical device manufacturers. The company produces and distributes surface coatings to the diagnostic and biomedical research markets. SurModics is headquartered in Eden Prairie, Minnesota, the US.
SurModics Inc premium industry data and analytics
Products and Services
Products |
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In Vitro Diagnostics Technologies: |
Antigens |
Antibodies |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Regulatory Approval | In June, the company secured approval from the US Food and Drug Administration for its SurVeil drug-coated balloon. |
2021 | Acquisitions/Mergers/Takeovers | In July, the company acquired Vetex Medical Ltd, an Irish medical device company. |
2020 | Contracts/Agreements | In April, the company entered into an agreement Cook Medical to provides options for patients suffering from critical limb ischemia. |
Competitor Comparison
Key Parameters | SurModics Inc | Nihon Kohden Corp | Hydromer Inc | B. Braun Melsungen AG | Immucor Inc |
---|---|---|---|---|---|
Headquarters | United States of America | Japan | United States of America | Germany | United States of America |
City | Eden Prairie | Shinjuku-Ku | Concord | Melsungen | Norcross |
State/Province | Minnesota | Tokyo | North Carolina | Hessen | Georgia |
No. of Employees | 447 | 5,751 | 36 | - | - |
Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth

Net Income Growth

Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Susan E. Knight | Chairman | Executive Board | 2015 | - |
Gary R. Maharaj | Chief Executive Officer; Director; President | Executive Board | 2010 | 59 |
Timothy J. Arens | Chief Financial Officer; Senior Vice President - Finance and Information Technology | Senior Management | 2020 | 55 |
Teryl L.W. Sides | President - Vascular Interventions; Senior Vice President - Product Development | Senior Management | 2022 | 53 |
Gordon S. Weber | General Counsel; Secretary; Senior Vice President - Legal | Senior Management | 2020 | 59 |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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