Surmodics, Inc. logo SRDX - Surmodics, Inc.

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| PRICE TARGET: $39.50 DETAILS
HIGH: $43.00
LOW: $36.00
MEDIAN: $39.50
CONSENSUS: $39.50
DOWNSIDE: 8.10%

About Surmodics, Inc. (https://www.surmodics.com)

Surmodics, Inc., together with its subsidiaries, provides surface modification technologies for intravascular medical devices, and chemical components for in vitro diagnostic immunoassay tests and microarrays in the United States and internationally. It operates in two segments, Medical Device and In Vitro Diagnostics (IVD). The Medical Device segment engages in the provision of surface modification coating technologies to enhance access, deliverability, and predictable deployment of medical devices; and drug-delivery coating technologies to provide site-specific drug-delivery from the surface of a medical device for coronary, peripheral, neuro-vascular and structural heart, and other markets, as well as design, development, and manufacturing of interventional medical devices, primarily balloons and catheters, including drug-coated balloons for peripheral arterial disease treatment and other applications. The IVD segment designs, develops, and manufactures component products and technologies for diagnostic immunoassay, as well as molecular test and biomedical research applications. This segment offers protein stabilization reagents, substrates, surface coatings, and antigens. The company was founded in 1979 and is headquartered in Eden Prairie, Minnesota.

Key Executives

NAME TITLE DOB SALARY
Gary R. Maharaj Chief Executive Officer, President & Director 1963 $1,315,496 USD
Teryl L. W. Sides Senior Vice President & President of Vascular Interventions 1970 $741,370 USD
Timothy J. Arens Senior Vice President of Finance & Information Technology and Chief Financial Officer 1967 $644,511 USD
Charles W. Olson Senior Vice President & President of Medical Device Coatings 1964 $604,115 USD
Gordon S. Weber Senior Vice President of Legal, General Counsel & Secretary 1964 $596,695 USD
Joseph J. Stich Senior Vice President of Human Resources & President of In Vitro Diagnostics 1965 $570,920 USD
Joel Suiter Director of Corporate Development
John D. Manders Corporate Controller, Vice President of Finance & Principal Accounting Officer 1982

Company Peers

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