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Balance Sheet Cash Flow Statement 9924 W. 74th St. Eden Prairie, MN 55344-3523 MN Tel. 952-829-2700 Toll Free 866-787-6639 Fax 952-829-2743 |
Type: Public
On the web:
http://www.surmodics.com
Employees:
248
Employee growth: (2.4%)
SurModics doesn't want to scratch the surface of the medical device market -- it just wants to coat it with its own special agent. The company makes special coatings for medical devices that make them easier to use, less traumatic to the body, and even useful in delivering drugs to patients. Its PhotoLink surface modification technology makes catheters and other devices slippery and easier to maneuver; PhotoLink-treated products also can be coated with drugs such as heparin, in order to reduce the incidence of blood clots. The company's Bravo polymer coating is used on Cordis' drug-coated coronary stent (among other products) and delivers drugs that prevent re-narrowing of the artery.
Key numbers for fiscal year ending September, 2009:
Sales: $121.5M
One year growth: 25.2%
Net income: $37.5M
Income growth: 154.8%
Officers:
Chairman: Robert C. Buhrmaster
President, CEO, and Director: Bruce J. Barclay
SVP and CFO: Philip D. (Phil) Ankeny
Competitors:
Angiotech Pharmaceuticals
Biocompatibles
W.L. Gore
