SurModics, Inc. (NASDAQ:SRDX)
Develops, manufactures and markets innovative surface modification and drug delivery technologies for the healthcare industry.
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This is a pharmaceutical company that company that has very limited competition. The manufacture a product that requires FDA approval to enter as a competitor.
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trackfeltland likeeed em.. Did well in two months.
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Earnings Estimates Revised Upward
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oozing alpha activist play
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Well positioned for growth in healthcare sector. Could be bought by major drug company by the end of 2009. Several things to like for the beaten down price
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Expect takeover by JNJ
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expensive.
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Stent worries overdone. Regardless, this company has real opportunities beyond the stent market.
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Still has 5 potential opthamology deals to be signed in addition to Merck. Diverse portfolio of customes and products. Great patent coverage. No debt. Recent stock buyback. High short interest due to investors who feel Surmodics is a one trick pony with stents.
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Proposed by Good People
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new antibiotic beads, JNJ business recovering, no debt
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Value of the pipeline is being overwhelmed by the debate on the value of coated stents.
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Will win out in the coated stent race.
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Market for their coatings will increase as boomers age and we all get .... larger.
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Versatile, well protected technology makes anyone's medical device better. Major new business coming.
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