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Surmodics

Eden Prairie, Minnesota, United Statessurmodics.com ↗

Ownership: Public · SRDX
Employees: ~351
Development stage: Commercial

Overview

Surmodics has a commercial portfolio of medical device products including balloon catheters, thrombectomy platforms, and in vitro diagnostic components. The company’s proprietary coating technologies are widely licensed by major device manufacturers. Its Pounce™ Thrombectomy Platform is FDA-cleared for peripheral arterial clot removal. The company also supplies critical reagents for immunoassays used in clinical diagnostics.

Therapeutic areas: Cardiovascular
Modalities: DevicePolymer-drug conjugate therapy (for drug-coated balloons and coatings)Biologic (for IVD reagents such as antibodies, antigens)
Industry: Surgical Medical Devices

Drug pipeline

3 assets

Pounce Thrombectomy System

Commercial

Indications: Peripheral arterial disease

2 more assets in the full pipeline.

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Partnerships

Major global medical device manufacturers via licensing agreements; specific names not disclosed publicly but includes leading companies in the sector

Financials

Market cap: $614.5M
Total revenue: $29.6M
Enterprise value: $614.4M

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