SurModics

Eden Prairie, United States Founded: 1979 • Age: 47 yrs Acquired By GTCR
In-vitro diagnostic assays, reagents, and point-of-care devices are manufactured.
Annual revenue $126.1M Latest available
Total funding - Funding intelligence
Employees 389 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About SurModics

SurModics is a company based in Eden Prairie (United States) founded in 1979 was acquired by GTCR in May 2024. The company has 389 employees as of September 30, 2024. SurModics has completed 2 acquisitions, including NorMedix and Vetex Medical. SurModics offers products and services including Pounce™ Thrombectomy System, Pounce™ Venous Thrombectomy System, Sublime™ Radial Access Platform, and Preside™ Hydrophilic Coatings. SurModics operates in a competitive market with competitors including Abingdon Health, Olink, US BioTek Laboratories, Spear Bio and Eclipse Bio, among others.

  • Headquarter Eden Prairie, United States
  • Employees 389 as on 30 Sep, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Surmodics, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $126.08 M (USD)
    -4.91
    as on Sep 30, 2024
  • Net Profit
    -$11.54 M (USD)
    -651.43
    as on Sep 30, 2024
  • EBITDA
    $6.75 M (USD)
    -54.33
    as on Sep 30, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    389

    as on Sep 30, 2024

  • Investments & Acquisitions
    NorMedix

    & 1 more

  • Acquired by
    GTCR

    (May 29, 2024)

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IPO & Listings of SurModics

SurModics is a publicly listed company on the NASDAQ with ticker symbol SRDX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: SRDX · Sector: Health technology · USA

Products & Services of SurModics

SurModics offers a comprehensive portfolio of products and services, including Pounce™ Thrombectomy System, Pounce™ Venous Thrombectomy System, Sublime™ Radial Access Platform, and Preside™ Hydrophilic Coatings.

Product name locked
Category locked
Primary

Device for rapid removal of peripheral arterial thrombi

Product name locked
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System to capture and remove clots in peripheral veins

Product name locked
Category locked
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Tools for radial-to-peripheral procedures with kink resistance

Product name locked
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Coatings for navigating tortuous anatomy in neuro and coronary areas

People of SurModics

Headcount 50-200
Employee Profiles 57
Employee Profiles
People
Timothy J. Arens
SVP of Finance and IT and CFO
People
Teryl L.W. Sides
SVP of Product Development and Chief Marketing Officer
People
Thomas A. Greaney
Chief Operating Officer of Medical Devices
People
Gregg S. Sutton
Vice President of Research and Development

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Funding Insights of SurModics

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Detailed funding history for SurModics

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Investors in SurModics

SurModics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GTCR Chicago Private Equity Firm.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments and firm management in Chicago.
Locked Locked Locked
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Investor details for SurModics

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Investments & Acquisitions by SurModics

SurModics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include NorMedix and Vetex Medical.

Investments
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Investment portfolio details for SurModics

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Catheters for venous clot management and removal are developed.
Locked Locked 2016 Locked
Surgical medical devices are designed and developed by NorMedix.
Locked Locked 2008 Locked
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Complete acquisition details for SurModics

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Financial Statements - SurModics

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Detailed financials for SurModics

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Surmodics Comparisons

SurModics Primary company
Description
In-vitro diagnostic assays, reagents, and point-of-care devi...
Location
Eden Prairie, United States
Founded Year
1979
Annual Revenue
$126.08 M (USD)
Net Profit
-$11.54 M (USD)
EBITDA
$6.75 M (USD)
Employees
389
As of 2024
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Peer comparison for SurModics

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Competitors of SurModics

SurModics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Abingdon Health, Olink, US BioTek Laboratories, Spear Bio and Eclipse Bio, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of immunoassays for diagnostic purposes
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Provider of products and services for human protein biomarker research and development
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Provider of enzyme-linked immunosorbent assay technology services
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Developer of ultrasensitive immunoassays and proteomics platforms for detecting protein biomarkers
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Cell-free immunoassays are developed to identify RNA binding protein targets.
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An in vitro assay platform is provided for diagnostic solutions.
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Detailed competitors of SurModics

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Latest news on Surmodics

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Complete news archive for SurModics

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Frequently Asked Questions about SurModics

SurModics was founded in 1979.

SurModics is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.

As of Sep 30, 2024, the latest employee count at SurModics is 389.

Annual revenue of SurModics is $126.08M as on Sep 30, 2024.

SurModics was founded in 1979 and is headquartered in Eden Prairie, United States. Operations focus on the biotechnology sector, where in-vitro diagnostic assays and reagents are produced for clinical applications. Immunoassays such as ELISAs are developed alongside point-of-care devices. Key products encompass antigens, antibodies, protein stabilizers, diluents, blockers, substrates, microarray slides, and TMB formulations to support diagnostic workflows.

SurModics's top competitors include Abingdon Health, Eclipse Bio and Spear Bio.

SurModics offers Pounce™ Thrombectomy System, Pounce™ Venous Thrombectomy System, Sublime™ Radial Access Platform, and Preside™ Hydrophilic Coatings.

Yes, SurModics is publicly traded on NASDAQ under the ticker symbol SRDX.

SurModics has made 2 acquisitions, including NorMedix, and Vetex Medical.

SurModics has 1 investor. Key investors include GTCR Chicago Private Equity Firm.

The ticker symbol of SurModics is SRDX on NASDAQ.

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