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SurModics Inc. (SRDX)On Dec 7: 23.46   0.00 (0.00%)  
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SurModics Inc.
9924 West 74th Street
Eden Prairie, MN 55344-3523
United States - Map
Phone: 952-829-2700
Fax: 952-829-2743
Web Site: http://www.surmodics.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Healthcare
Industry:Diagnostic Substances
Full Time Employees:N/A

BUSINESS SUMMARY 
SurModics, Inc. engages in the development, manufacture, and sale of surface modification and drug delivery technologies to the healthcare industry. The company operates in three segments: Drug Delivery, Hydrophilic and Other, and In Vitro. The Drug Delivery segment contains the Drug Delivery business unit, which offers technologies to site-specific delivery of drugs; the Ophthalmology business unit that provides treatment for eye diseases, such as age-related macular degeneration and diabetic macular edema; and the Brookwood Pharmaceuticals unit, which offers proprietary polymer-based technologies. The Hydrophilic and Other segment consists of three business units comprising the Hydrophilic Technologies business unit, which focuses on enhancing medical devices with lubricious coatings that facilitate their placement and maneuverability in the body; the Regenerative Technologies business unit that develops platforms to augment or replace tissue/organ function, or to modify medical devices to facilitate tissue/organ recovery through natural repair mechanisms; and the Orthopedics business unit, which provides solutions for orthopedics patients using proven surmodics technologies, and creates new technology solutions to existing patient care gaps in the orthopedics field. The In Vitro segment contains the In Vitro Technologies business unit, which offers microarray slide technologies, stabilization products, antigens, and substrates for immunoassay diagnostics tests, in vitro diagnostic format technology, and synthetic ECM cell culture products. The company markets its technologies and products in the United States and internationally. It has collaboration agreements with Donaldson Company, Inc. for the development of synthetic ECM cell culture products; and Merck & Co., Inc. for development and commercialization of products incorporating the company’s I-vation platform. The company was founded in 1979 and is headquartered in Eden Prairie, Minnesota.
Key Statistics

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    CORPORATE GOVERNANCE 
    SurModics Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 28.3% of S&P 600 companies and 61.9% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Bruce J. Barclay , 52
    Chief Exec. Officer, Pres
    $ 552.00K $ 0
    Mr. Philip D. Ankeny , 46
    Chief Financial Officer and Sr. VP
    $ 279.00K $ 0
    Mr. Paul Lopez , 53
    VP and Pres of Ophthalmology Bus. Unit
    $ 321.00K $ 0
    Dr. Arthur J. Tipton Ph.D., 51
    VP and Pres of SurModics Pharmaceuticals
    $ 340.00K $ 0
    Mr. Charles W. Olson , 45
    VP of New Cardiovascular Bus. Unit and Gen. Mang. of New Cardiovascular Bus. Unit
    $ 253.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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