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Why Shares of Surmodics Jumped This Week

The company gained FDA marketing approval for a drug-coated balloon that will help clear blocked arteries.

Strength Seen in SurModics (SRDX): Can Its 16 1% Jump Turn into More Strength?

SurModics (SRDX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Fast Five: BD sells surgical instrumentation assets, CorWave raises $64M to manufacture LVADs

Welcome to the MassDevice Fast Five medtech news podcast. Here’s what you need to know for today, June 21, 2023.

FDA approves Surmodics SurVeil drug-coated balloon

FDA clears Pounce LP thrombectomy system from Surmodics

Surmodics today announced that it received FDA 510(k) clearance for its Pounce low-profile (LP) thrombectomy system.

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