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Surmodics Announces U.S. District Court Denies Request for Preliminary Injunction to Block Proposed Acquisition by GTCR
Businesswire· 2025-11-11 00:00
Core Viewpoint - The U.S. District Court has denied the FTC's request for a preliminary injunction to block the proposed acquisition of Surmodics by GTCR, marking a significant step towards the completion of the merger [1][3]. Group 1: Merger Details - The consummation of the merger is still subject to a Temporary Restraining Order, which prevents the parties from finalizing the merger before 5:00 p.m. Central time on November 17 [2]. - The merger agreement includes conditions such as the absence of any legal restraints, no material adverse effect on the company, and other customary closing conditions [2]. Group 2: Company Background - Surmodics is a leading provider of medical device and in vitro diagnostic technologies, focusing on performance coating technologies for intravascular medical devices and components for diagnostic tests [4]. - The company's mission is to improve disease detection and treatment, leveraging its expertise in surface modification and drug-delivery coating technologies [4].
Surmodics Announces Outcomes from 160 Patients in PROWL Registry Evaluating Pounce™ Thrombectomy Platform in Treatment of Real-World Limb Ischemia Presentations
Businesswire· 2025-11-04 11:15
Core Insights - Surmodics, Inc. presented results from an analysis of 160 real-world patients with symptomatic infrainguinal limb ischemia at the 23rd Annual VIVA Conference in Las Vegas [1] Company Summary - Surmodics, Inc. is a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry [1] Industry Context - The presentation was part of an industry-sponsored session, indicating active engagement and collaboration within the medical device sector [1]
Surmodics Announces PROWL Registry 160-Patient Data to be Presented in Industry-Sponsored Session at VIVA Conference on November 3
Businesswire· 2025-11-03 11:15
Core Insights - Surmodics, Inc. announced a presentation discussing updated safety and performance data from the PROWL registry involving 160 patients with symptomatic lower extremity vessels treated with the Pounce™ Thrombectomy Platform [1] Company Overview - Surmodics, Inc. is a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry [1]