Surmodics

Surmodics is a healthcare company specializing in surface modification and in vitro diagnostic technologies. It aims to enhance disease treatment and detection through innovative solutions that address complex medical device and diagnostic challenges. The company operates in two main segments: the medical device unit, which focuses on developing differentiated vascular intervention devices and performance coatings, and the in vitro diagnostics unit, which manufactures chemical and biological components for immunoassays and molecular tests used in diagnostic and biomedical research. Surmodics leverages its expertise in proprietary surface modification and drug-delivery coating technologies alongside its capabilities in device design, development, and manufacturing to meet demanding clinical requirements and support the healthcare industry.

Gary R. Maharaj

President and CEO

Nusrath Sultana

Vice President

Arthur J. Tipton

Senior Vice President and General Manager

6 past transactions

Vetex Medical

Acquisition in 2021
Vetex Medical is an Irish medical device company focused on developing innovative solutions for venous thromboembolism. The company's flagship product, the Vetex thrombectomy catheter, employs patented dynamic cage technology to effectively and efficiently remove thrombus from patients in a single session, eliminating the need for thrombolytics. Initially targeting patients with acute deep vein thrombosis (DVT) in the ilio-femoral veins, Vetex Medical aims to enhance clinical outcomes and improve the quality of life for individuals affected by conditions such as DVT, AV fistula grafts, and pulmonary embolism. The venous thrombectomy market has been historically underdeveloped, but growing clinical evidence and awareness have positioned it as a significant area of focus within the broader clot management market.

NorMedix

Acquisition in 2016
NorMedix LLC is a medical device design and development company based in Plymouth, Minnesota, specializing in ultra-thin-walled, minimally invasive catheter technologies. The company provides a comprehensive range of services, including idea generation and product innovation, technical and market feasibility assessments, prototype development, and regulatory strategies. Its product development offerings encompass design engineering, pre-clinical prototyping, project management, and human factors analysis. NorMedix also conducts verification and validation services, such as design characterization testing and clinical research, alongside manufacturing capabilities that include finished device production and supply chain management. The company’s diverse product portfolio features a variety of medical devices, including guide catheters, crossing devices, embolic protection devices, and multiple gastrointestinal systems. As of January 2016, NorMedix operates as a subsidiary of SurModics, Inc.

BioFX Laboratories

Acquisition in 2007
BioFX Laboratories specializes in the manufacturing of substrates that are essential components in diagnostic test kits. These substrates play a crucial role in detecting and signaling chemical reactions, making them integral to the effectiveness of various diagnostic tools. By focusing on the production of high-quality substrates, BioFX Laboratories supports the healthcare industry in delivering accurate and reliable diagnostic results.

Brookwood Pharmaceuticals

Acquisition in 2007
Brookwood Pharmaceuticals, Inc., a leading provider of drug delivery technology primarily to the pharmaceutical industry.

InnoRx

Acquisition in 2005
InnoRx, Inc., a development stage company, develops novel therapies for the ophthalmology market. The company focuses on the development of drugs and drug delivery systems for ocular disease. Its products target age-related macular degeneration (AMD) and diabetic macular edema (DME).
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.