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.

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Headquarters United States of America

Address 9924 W 74th St, Eden Prairie, Minnesota, 55344


Telephone 1 952 5007000

No of Employees 447

Industry Medical Equipment

Ticker Symbol & Exchange SRDX (NASD)

Revenue (2022) $100.0M -4.9% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -743.7% (2022 vs 2021)

Market Cap* $466.0M

Net Profit Margin (2022) XYZ -777.2% (2022 vs 2021)

* As of and is in US$
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SurModics Inc premium industry data and analytics

12+

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

8

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

Products and Services

Products
In Vitro Diagnostics Technologies:
Antigens
Antibodies
XYZ
XYZ
XYZ
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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.
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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
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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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